Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) Short Interest Down 62.0% in July

Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 15,321 shares, a decline of 62.0% from the July 15th total of 40,354 shares. Based on an average daily trading volume, of 150,640 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Neuberger Berman Short Duration Income ETF Stock Performance

NYSEARCA:NBSD traded down $0.02 on Friday, reaching $50.68. The stock had a trading volume of 141,128 shares, compared to its average volume of 180,838. The company has a 50-day moving average of $50.60 and a 200 day moving average of $50.83. Neuberger Berman Short Duration Income ETF has a 12-month low of $50.38 and a 12-month high of $51.57.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC acquired a new stake in Neuberger Berman Short Duration Income ETF during the 1st quarter valued at approximately $722,000. Raymond James Financial Inc. boosted its stake in shares of Neuberger Berman Short Duration Income ETF by 41.0% during the 2nd quarter. Raymond James Financial Inc. now owns 399,669 shares of the company’s stock valued at $20,359,000 after buying an additional 116,155 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Neuberger Berman Short Duration Income ETF during the 2nd quarter valued at approximately $1,752,000. Envestnet Asset Management Inc. acquired a new stake in shares of Neuberger Berman Short Duration Income ETF during the third quarter worth approximately $280,000. Finally, Comerica Bank acquired a new stake in shares of Neuberger Berman Short Duration Income ETF during the third quarter worth approximately $102,000.

About Neuberger Berman Short Duration Income ETF

The Neuberger Berman Short Duration Income ETF (NBSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing broadly in the US fixed-income market. The fund seeks the highest available current income, and to a lesser extent, capital appreciation. NBSD was launched on Jun 21, 2010 and is issued by Neuberger Berman.