Neuberger Berman Energy Transition & Infrastructure ETF (NYSEARCA:NBET) Sees Large Growth in Short Interest

Neuberger Berman Energy Transition & Infrastructure ETF (NYSEARCA:NBET) was the target of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 1,225 shares, an increase of 30.6% from the January 29th total of 938 shares. Based on an average daily volume of 5,142 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 5,142 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Neuberger Berman Energy Transition & Infrastructure ETF

A number of institutional investors have recently modified their holdings of NBET. Private Trust Co. NA bought a new stake in shares of Neuberger Berman Energy Transition & Infrastructure ETF during the 3rd quarter worth $39,000. Osaic Holdings Inc. boosted its holdings in Neuberger Berman Energy Transition & Infrastructure ETF by 60.3% during the second quarter. Osaic Holdings Inc. now owns 2,686 shares of the company’s stock valued at $88,000 after acquiring an additional 1,010 shares during the period. Royal Bank of Canada grew its position in shares of Neuberger Berman Energy Transition & Infrastructure ETF by 32.0% in the fourth quarter. Royal Bank of Canada now owns 4,360 shares of the company’s stock valued at $143,000 after purchasing an additional 1,056 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Neuberger Berman Energy Transition & Infrastructure ETF in the second quarter valued at about $413,000. Finally, Stratos Wealth Partners LTD. bought a new position in shares of Neuberger Berman Energy Transition & Infrastructure ETF in the fourth quarter worth about $608,000.

Neuberger Berman Energy Transition & Infrastructure ETF Trading Up 0.1%

Neuberger Berman Energy Transition & Infrastructure ETF stock traded up $0.02 during mid-day trading on Wednesday, hitting $39.87. 5,046 shares of the company’s stock were exchanged, compared to its average volume of 5,356. The stock has a market cap of $37.08 million, a P/E ratio of 19.01 and a beta of 0.99. Neuberger Berman Energy Transition & Infrastructure ETF has a 1-year low of $27.68 and a 1-year high of $40.05. The stock has a 50 day moving average of $35.54 and a two-hundred day moving average of $33.61.

About Neuberger Berman Energy Transition & Infrastructure ETF

The Neuberger Berman Energy Transition & Infrastructure ETF (NBET) is an exchange-traded fund that mostly invests in energy equity. The fund uses a fundamental, bottom-up approach to actively invest in energy transition and infrastructure companies of any size from developed and emerging markets. The fund seeks to provide total return. NBET was launched on Apr 6, 2022 and is issued by Neuberger Berman.