Shares of NB Global Floating Rate Income Fund Ltd (LON:NBLS) were down 1.5% on Thursday . The stock traded as low as GBX 80.80 ($0.99) and last traded at GBX 81.20 ($1.00), approximately 1,481,015 shares traded hands during trading. A decline of 47% from the average daily volume of 2,780,000 shares. The stock had previously closed at GBX 82.40 ($1.01).
The company’s fifty day moving average price is GBX 79.53 and its two-hundred day moving average price is GBX 81.08.
About NB Global Floating Rate Income Fund (LON:NBLS)
NB Global Floating Rate Income Fund Limited is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman Europe Limited. The fund is co-managed by Neuberger Berman Investment Advisers, LLC. It invests in fixed income markets across the globe. The fund primarily invests in floating rate senior secured loans issued in U.S.
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