Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) Sees Significant Decrease in Short Interest

Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 3,655 shares, a drop of 76.8% from the May 14th total of 15,747 shares. Based on an average daily volume of 14,877 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Neuberger Berman Core Equity ETF

Several institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC bought a new position in Neuberger Berman Core Equity ETF during the third quarter valued at $27,000. Bank of America Corp DE lifted its holdings in shares of Neuberger Berman Core Equity ETF by 221.4% in the 1st quarter. Bank of America Corp DE now owns 8,206 shares of the company’s stock worth $243,000 after acquiring an additional 5,653 shares during the last quarter. Cetera Investment Advisers bought a new stake in shares of Neuberger Berman Core Equity ETF in the 4th quarter worth about $361,000. Royal Bank of Canada lifted its holdings in shares of Neuberger Berman Core Equity ETF by 2,067.2% in the 1st quarter. Royal Bank of Canada now owns 19,895 shares of the company’s stock worth $590,000 after acquiring an additional 18,977 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of Neuberger Berman Core Equity ETF in the 4th quarter worth about $642,000.

Neuberger Berman Core Equity ETF Stock Up 0.2%

NBCR stock opened at $33.12 on Wednesday. Neuberger Berman Core Equity ETF has a 52 week low of $27.53 and a 52 week high of $34.00. The company has a fifty day simple moving average of $32.42 and a two-hundred day simple moving average of $31.74. The firm has a market capitalization of $855.82 million, a P/E ratio of 26.34 and a beta of 1.00.

Neuberger Berman Core Equity ETF Company Profile

The Neuberger Berman Core Equity ETF (NBCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, seeking long-term capital appreciation by investing in US large-cap stocks. The fund selects based on fundamental analysis conducted by portfolio managers in collaboration with research analysts. NBCR was launched on Jul 31, 2024 and is issued by Neuberger Berman.