Neuberger Berman Municipal Fund Inc (NBH) stock is up 2.65% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With NBH Stock Today?
Neuberger Berman Municipal Fund Inc (NBH) stock is trading at $13.95 as of 10:28 AM on Tuesday, May 26, a decline of -$0.30, or -2.11% from the previous closing price of $14.25. Volume today is high. So far 124,807 shares have traded compared to average volume of 36,419 shares. The stock has traded between $13.52 and $14.02 so far today.
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More About Neuberger Berman Municipal Fund Inc
Neuberger Berman Intermediate Muni Fund is a closed-end management investment company that invests mainly in municipal securities. It aims to provide common stockholders a high level of current income exempt from Federal income tax. The company also manages a range of equity, fixed income, private equity, and hedge fund strategies on behalf of institutions, advisors, and individual investors around the globe.
