Short Interest in Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) Rises By 99.0%

Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 32,897 shares, a growth of 99.0% from the December 31st total of 16,535 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 181,019 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 181,019 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are sold short.

Neuberger Berman Short Duration Income ETF Price Performance

NYSEARCA NBSD opened at $51.26 on Friday. The business has a 50 day simple moving average of $51.20 and a 200 day simple moving average of $51.18. Neuberger Berman Short Duration Income ETF has a 52-week low of $49.63 and a 52-week high of $51.57.

Neuberger Berman Short Duration Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Tuesday, January 27th were given a $0.1977 dividend. The ex-dividend date of this dividend was Tuesday, January 27th. This represents a c) annualized dividend and a dividend yield of 4.6%.

Institutional Trading of Neuberger Berman Short Duration Income ETF

Several large investors have recently bought and sold shares of NBSD. Comerica Bank grew its holdings in shares of Neuberger Berman Short Duration Income ETF by 40.0% during the fourth quarter. Comerica Bank now owns 2,800 shares of the company’s stock worth $143,000 after purchasing an additional 800 shares during the last quarter. Round Rock Advisors LLC increased its position in Neuberger Berman Short Duration Income ETF by 35.1% in the 4th quarter. Round Rock Advisors LLC now owns 226,835 shares of the company’s stock valued at $11,610,000 after buying an additional 58,943 shares in the last quarter. Systelligence LLC acquired a new position in Neuberger Berman Short Duration Income ETF during the fourth quarter worth $1,130,000. Wetzel Investment Advisors Inc. raised its stake in shares of Neuberger Berman Short Duration Income ETF by 38.9% in the fourth quarter. Wetzel Investment Advisors Inc. now owns 15,158 shares of the company’s stock worth $776,000 after purchasing an additional 4,242 shares during the last quarter. Finally, YHB Investment Advisors Inc. bought a new stake in Neuberger Berman Short Duration Income ETF in the 4th quarter worth about $2,449,000.

Neuberger Berman Short Duration Income ETF Company Profile

The Neuberger Berman Short Duration Income ETF (NBSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing broadly in the US fixed-income market. The fund seeks the highest available current income, and to a lesser extent, capital appreciation. NBSD was launched on Jun 21, 2010 and is issued by Neuberger Berman.