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

Neuberger Core Equity ETF (NYSEARCA:NBCR) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 22,065 shares, a growth of 271.7% from the August 31st total of 5,936 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 29,100 shares, the days-to-cover ratio is presently 0.8 days.

Hedge Funds Weigh In On Neuberger Core Equity ETF

Several large investors have recently modified their holdings of the stock. Ibex Wealth Advisors purchased a new stake in Neuberger Core Equity ETF during the 4th quarter valued at about $653,000. Royal Bank of Canada raised its holdings in Neuberger Core Equity ETF by 2,067.2% in the first quarter. Royal Bank of Canada now owns 19,895 shares of the company’s stock worth $590,000 after buying an additional 18,977 shares during the last quarter. HB Wealth Management LLC purchased a new position in Neuberger Core Equity ETF in the second quarter worth about $426,000. Finally, Bank of America Corp DE lifted its stake in shares of Neuberger Core Equity ETF by 221.4% in the first quarter. Bank of America Corp DE now owns 8,206 shares of the company’s stock worth $243,000 after buying an additional 5,653 shares in the last quarter.

Neuberger Core Equity ETF Trading Up 0.5%

Neuberger Core Equity ETF stock traded up $0.18 during mid-day trading on Friday, hitting $34.53. The company had a trading volume of 15,930 shares, compared to its average volume of 84,185. Neuberger Core Equity ETF has a 12 month low of $28.80 and a 12 month high of $34.99. The company has a market capitalization of $844.60 million, a PE ratio of 26.34 and a beta of 0.99. The stock’s 50 day moving average price is $34.25 and its two-hundred day moving average price is $33.03.

Neuberger 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.