Neuberger Berman Disrupters ETF (NYSEARCA:NBDS – Get Free Report) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 2,924 shares, a decrease of 86.3% from the May 14th total of 21,281 shares. Based on an average daily trading volume, of 6,715 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are sold short.
Institutional Investors Weigh In On Neuberger Berman Disrupters ETF
An institutional investor recently raised its position in Neuberger Berman Disrupters ETF stock. Assetmark Inc. boosted its stake in shares of Neuberger Berman Disrupters ETF (NYSEARCA:NBDS – Free Report) by 3.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,569 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Assetmark Inc. owned about 1.71% of Neuberger Berman Disrupters ETF worth $447,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Neuberger Berman Disrupters ETF Trading Down 2.2%
Shares of NBDS traded down $0.85 during midday trading on Wednesday, reaching $38.07. 108 shares of the stock were exchanged, compared to its average volume of 2,994. Neuberger Berman Disrupters ETF has a 52 week low of $29.42 and a 52 week high of $42.05. The company’s 50 day moving average is $36.31 and its two-hundred day moving average is $34.86. The company has a market capitalization of $32.36 million, a P/E ratio of 52.74 and a beta of 1.35.
Neuberger Berman Disrupters ETF Company Profile
The Neuberger Berman Disrupters ETF (NBDS) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund is an actively managed portfolio of global companies that are perceived to be positioned to benefit from disruptive innovations and trends. NBDS was launched on Apr 6, 2022 and is managed by Neuberger Berman.
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