Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC) Shares Shorted: Short Interest Up 335.7% in September

Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 2,828 shares, an increase of 335.7% from the August 31st total of 649 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 374 shares, the short-interest ratio is presently 7.6 days.

Neuberger Flexible Credit Income ETF Stock Performance

Shares of NBFC stock traded down $0.33 during trading hours on Friday, hitting $49.53. 1,132 shares of the company were exchanged, compared to its average volume of 1,769. Neuberger Flexible Credit Income ETF has a one year low of $49.53 and a one year high of $55.64. The business’s 50-day simple moving average is $50.42 and its two-hundred day simple moving average is $50.56.

About Neuberger Flexible Credit Income ETF

The Neuberger Berman Flexible Credit Income ETF (NBFC) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, globally investing in fixed-income securities of any credit quality and maturity. The fund seeks high current income, and to a lesser extent, long-term capital appreciation. NBFC was launched on Jun 24, 2024 and is issued by Neuberger Berman.