Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC) Stock Short Interest Climbs 335.7%

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

Neuberger Flexible Credit Income ETF Trading Down 0.6%

NBFC stock traded down $0.28 during midday trading on Friday, reaching $49.58. 1,979 shares of the company traded hands, compared to its average volume of 1,774. Neuberger Flexible Credit Income ETF has a 52-week low of $49.53 and a 52-week high of $55.64. The business has a 50 day moving average of $50.40 and a 200-day moving average of $50.55.

Neuberger Flexible Credit Income ETF Company Profile

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.