Neuberger Short Duration Income ETF (NYSEARCA:NBSD) Short Interest Update

Neuberger Short Duration Income ETF (NYSEARCA:NBSD) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totaling 9,411 shares, a drop of 85.2% from the August 31st total of 63,730 shares. Based on an average daily trading volume, of 436,393 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Neuberger Short Duration Income ETF Trading Down 0.4%

Shares of NYSEARCA:NBSD traded down $0.18 during midday trading on Friday, hitting $49.92. 716,835 shares of the company’s stock were exchanged, compared to its average volume of 209,636. The stock has a 50 day moving average price of $50.47 and a 200-day moving average price of $50.65. Neuberger Short Duration Income ETF has a 12 month low of $49.86 and a 12 month high of $51.57.

Hedge Funds Weigh In On Neuberger Short Duration Income ETF

Hedge funds have recently added to or reduced their stakes in the stock. Western Wealth Management LLC purchased a new stake in shares of Neuberger Short Duration Income ETF in the first quarter worth approximately $46,000. Manchester Financial Inc. boosted its position in shares of Neuberger Short Duration Income ETF by 3.6% during the fourth quarter. Manchester Financial Inc. now owns 36,005 shares of the company’s stock valued at $1,843,000 after buying an additional 1,237 shares during the last quarter. Triumph Capital Management boosted its position in shares of Neuberger Short Duration Income ETF by 18.7% during the second quarter. Triumph Capital Management now owns 20,148 shares of the company’s stock valued at $1,018,000 after buying an additional 3,171 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Neuberger Short Duration Income ETF by 38.5% during the second quarter. Envestnet Asset Management Inc. now owns 12,600 shares of the company’s stock worth $636,000 after buying an additional 3,504 shares in the last quarter. Finally, NWF Advisory Services Inc. purchased a new stake in Neuberger Short Duration Income ETF in the 4th quarter valued at $205,000.

Neuberger Short Duration Income ETF Company Profile

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.