Short Interest in Neuberger Berman China Equity ETF (NYSEARCA:NBCE) Increases By 167.1%

Neuberger Berman China Equity ETF (NYSEARCA:NBCE) saw a significant increase in short interest in 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. Approximately 6.8% of the shares of the stock are sold short. Based on an average daily volume of 2,331 shares, the days-to-cover ratio is currently 12.8 days.

Neuberger Berman China Equity ETF Stock Performance

NBCE stock traded down $0.20 during trading on Friday, hitting $40.29. 37 shares of the company’s stock traded hands, compared to its average volume of 1,523. Neuberger Berman China Equity ETF has a 52 week low of $28.94 and a 52 week high of $45.93. The stock has a market capitalization of $17.73 million, a price-to-earnings ratio of 15.84 and a beta of 0.48. The business has a fifty day simple moving average of $41.25 and a 200 day simple moving average of $38.71.

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.