Short Interest in Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) Grows By 235.9%

Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 5,093 shares, an increase of 235.9% from the May 14th total of 1,516 shares. Based on an average daily trading volume, of 35,765 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Neuberger Berman Japan Equity ETF Stock Performance

Shares of Neuberger Berman Japan Equity ETF stock traded up $0.25 during trading hours on Friday, reaching $36.16. The company’s stock had a trading volume of 1,781 shares, compared to its average volume of 25,953. The company’s 50 day simple moving average is $35.06 and its 200 day simple moving average is $33.52. Neuberger Berman Japan Equity ETF has a one year low of $27.12 and a one year high of $36.95. The stock has a market cap of $135.60 million, a P/E ratio of 16.26 and a beta of 0.66.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Neuberger Berman Japan Equity ETF stock. Jane Street Group LLC purchased a new position in Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 10,789 shares of the company’s stock, valued at approximately $332,000. Jane Street Group LLC owned about 0.41% of Neuberger Berman Japan Equity ETF as of its most recent filing with the Securities and Exchange Commission.

Neuberger Berman Japan Equity ETF Company Profile

The Neuberger Berman Japan Equity ETF (NBJP) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, primarily investing in equity securities of companies economically tied to Japan across all capitalizations and sectors. The fund targets firms it deems to be high-quality, with significant growth potential, aiming for long-term capital appreciation NBJP was launched on Sep 11, 2024 and is issued by Neuberger Berman.