Neuberger China Equity ETF (NYSEARCA:NBCE) Short Interest Down 62.7% in August

Neuberger China Equity ETF (NYSEARCA:NBCE) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 11,548 shares, a decline of 62.7% from the August 15th total of 30,991 shares. Based on an average daily volume of 972 shares, the short-interest ratio is presently 11.9 days. Approximately 2.6% of the company’s shares are sold short.

Neuberger China Equity ETF Price Performance

NBCE traded up $0.01 during midday trading on Monday, reaching $38.36. 237 shares of the company’s stock traded hands, compared to its average volume of 1,414. Neuberger China Equity ETF has a 52 week low of $31.49 and a 52 week high of $45.93. The firm has a fifty day moving average of $39.69 and a two-hundred day moving average of $39.23. The stock has a market capitalization of $16.88 million, a price-to-earnings ratio of 15.84 and a beta of 0.48.

About Neuberger China Equity ETF

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.