Neuberger Disrupters ETF (NYSEARCA:NBDS) Sees Large Increase in Short Interest

Neuberger Disrupters ETF (NYSEARCA:NBDS) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 3,985 shares, a growth of 177.1% from the September 30th total of 1,438 shares. Based on an average daily volume of 8,612 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.

Neuberger Disrupters ETF Trading Down 4.0%

NYSEARCA NBDS traded down $1.61 on Friday, hitting $38.61. 2,695 shares of the stock traded hands, compared to its average volume of 22,322. The stock has a 50-day moving average of $40.45 and a 200 day moving average of $37.50. The company has a market capitalization of $171.81 million, a P/E ratio of 52.74 and a beta of 1.35. Neuberger Disrupters ETF has a twelve month low of $29.42 and a twelve month high of $42.86.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Neuberger Disrupters ETF stock. Assetmark Inc. increased its holdings in shares of Neuberger Disrupters ETF (NYSEARCA:NBDS) by 3.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,569 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Assetmark Inc. owned approximately 1.71% of Neuberger Disrupters ETF worth $447,000 as of its most recent SEC filing.

Neuberger 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.