Neuberger Berman New York Municipal Fund (NBO) Short Interest Ratio & Short Volume

Short interest is the volume of Neuberger Berman New York Municipal Fund shares that have been sold short but have not yet been closed out or covered. As of September 30th, investors have sold 600 shares of NBO short. Learn More on Neuberger Berman New York Municipal Fund's current short interest.

Neuberger Berman New York Municipal Fund saw a decrease in short interest in September. As of September 30th, there was short interest totaling 600 shares, a decrease of 75.0% from the previous total of 2,400 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "asset management" compare to Neuberger Berman New York Municipal Fund: Bitcoin Group SE (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.11 billion), Charter Communications, Inc. ($3.68 billion), T-Mobile US, Inc. ($3.56 billion), Canadian Natural Resources Limited ($3.54 billion), Occidental Petroleum Co. ($3.02 billion), Tractor Supply ($2.29 billion), Rivian Automotive, Inc. ($2.10 billion), Moderna, Inc. ($1.91 billion), Celsius Holdings, Inc. ($1.84 billion), and Royal Caribbean Cruises Ltd. ($1.76 billion). View all of the most shorted stocks.

Short selling NBO is an investing strategy that aims to generate trading profit from Neuberger Berman New York Municipal Fund as its price is falling. NBO shares are trading up $0.01 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Neuberger Berman New York Municipal Fund occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of NBO, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including NBO, twice per month. The most recent reporting period available is September, 30 2023.