NBSM Short Volume

Neuberger Berman Small-Mid Cap ETF (NBSM) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $224.1M, listed on AMEX, carrying a beta of 0.77 to the broader market. This fund aims to identify and allocate capital to fundamentally strong smaller and medium-sized enterprises that demonstrate superior and lasting potential for growth. public since 2024-03-25.

Short volume measures the number of shares sold short on a given day as reported by FINRA. Tracking short volume relative to total volume helps identify unusual bearish sentiment or short-squeeze potential.

Latest Date

2026-07-16

Short Volume

4.4K

Total Volume

6.5K

Short %

66.94%

30-Day Avg Short %

15.77%

Showing 30 days of FINRA short volume data for Neuberger Berman Small-Mid Cap ETF.

Learn how short volume is reported and how to read the data →

Frequently asked NBSM short volume questions

What is the daily NBSM short volume?

As of Jul 16, 2026, Neuberger Berman Small-Mid Cap ETF (NBSM) short volume is 4.4K shares against 6.5K total reported volume, or 66.94% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.

How is NBSM short volume reported?

FINRA publishes the Daily Short Sale Volume File for trades reported to FINRA TRFs and the FINRA/Nasdaq ADF on a T+1 basis. The headline figure is the count of shares that printed at the short-sale or short-exempt tick across all reporting venues for the symbol; each exchange separately publishes its own daily short-sale data file.

What does NBSM short volume tell options traders?

Daily short-sale flow is one input that helps disambiguate dealer-hedging activity from directional bear flow when the chain shows fresh customer call inventory. It is not a clean MM-only proxy: the headline number mixes directional shorting, options-MM delta-hedging, ETF-creation arbitrage, and convertible-arb hedging. Cross-check against gamma-exposure and OI changes for a cleaner read.