Neuberger Small-Mid Cap ETF (NYSEARCA:NBSM – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,888 shares, a growth of 143.6% from the August 31st total of 775 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 12,921 shares, the short-interest ratio is currently 0.1 days.
Neuberger Small-Mid Cap ETF Stock Up 0.3%
Shares of Neuberger Small-Mid Cap ETF stock traded up $0.09 on Friday, reaching $27.89. 4,180 shares of the stock were exchanged, compared to its average volume of 43,960. The business has a 50 day moving average price of $28.67 and a two-hundred day moving average price of $27.41. The firm has a market capitalization of $109.33 million, a price-to-earnings ratio of 26.86 and a beta of 0.77. Neuberger Small-Mid Cap ETF has a twelve month low of $24.31 and a twelve month high of $29.61.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Barnes Pettey Financial Advisors LLC lifted its position in Neuberger Small-Mid Cap ETF by 9.4% during the first quarter. Barnes Pettey Financial Advisors LLC now owns 10,350 shares of the company’s stock valued at $261,000 after purchasing an additional 889 shares during the period. Citadel Advisors LLC acquired a new stake in Neuberger Small-Mid Cap ETF during the second quarter worth about $355,000. HighTower Advisors LLC grew its holdings in Neuberger Small-Mid Cap ETF by 43.4% during the fourth quarter. HighTower Advisors LLC now owns 44,171 shares of the company’s stock worth $1,115,000 after acquiring an additional 13,377 shares during the period. Finally, Royal Bank of Canada purchased a new position in Neuberger Small-Mid Cap ETF during the first quarter valued at approximately $1,288,000.
About Neuberger Small-Mid Cap ETF
The Neuberger Berman Small-Mid Cap ETF (NBSM) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, focusing on capital appreciation through investments in small- and mid-cap companies aligned with the Russell 2000 and Midcap Index. NBSM was launched on Mar 20, 2024 and is issued by Neuberger Berman.
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