Neuberger Berman China Equity ETF (NYSEARCA:NBCE) Sees Significant Growth in Short Interest

Neuberger Berman China Equity ETF (NYSEARCA:NBCE) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 29,942 shares, an increase of 167.1% from the July 15th total of 11,208 shares. Based on an average daily volume of 2,331 shares, the days-to-cover ratio is currently 12.8 days. Approximately 6.8% of the company’s stock are sold short.

Neuberger Berman China Equity ETF Stock Performance

Shares of NBCE opened at $40.49 on Friday. The stock has a 50-day simple moving average of $41.25 and a 200-day simple moving average of $38.70. The stock has a market capitalization of $17.82 million, a PE ratio of 15.84 and a beta of 0.48. Neuberger Berman China Equity ETF has a 1 year low of $28.51 and a 1 year high of $45.93.

Neuberger Berman China Equity ETF Company Profile

The Neuberger Berman China Equity ETF (NBCE) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, concentrated, all-cap portfolio of China-A share companies and equity-related securities. The fund also incorporates ESG factors as part of its screening process NBCE was launched on Jul 17, 2013 and is issued by Neuberger Berman.