Neuberger Berman Growth ETF (NYSEARCA:NBGX) Short Interest Update

Neuberger Berman Growth ETF (NYSEARCA:NBGX) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 1 shares, a drop of 99.9% from the May 31st total of 1,950 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 227 shares, the short-interest ratio is presently 0.0 days.

Neuberger Berman Growth ETF Price Performance

NBGX stock traded down $0.01 during trading on Thursday, hitting $28.59. 1,274 shares of the company traded hands, compared to its average volume of 331. The stock’s 50-day simple moving average is $29.02 and its 200 day simple moving average is $27.79. The company has a market cap of $14.29 million, a PE ratio of 36.12 and a beta of 1.22. Neuberger Berman Growth ETF has a 1 year low of $24.60 and a 1 year high of $30.07.

Institutional Investors Weigh In On Neuberger Berman Growth ETF

A hedge fund recently raised its position in Neuberger Berman Growth ETF stock. Royal Bank of Canada grew its position in shares of Neuberger Berman Growth ETF (NYSEARCA:NBGX) by 5,018.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,898 shares of the company’s stock after purchasing an additional 25,392 shares during the quarter. Royal Bank of Canada owned approximately 5.18% of Neuberger Berman Growth ETF worth $659,000 as of its most recent SEC filing.

About Neuberger Berman Growth ETF

The Neuberger Berman Growth ETF (NBGX) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap growth stocks from around the globe selected using a research-driven approach. The fund seeks long-term capital appreciation. NBGX was launched on Dec 18, 2024 and is issued by Neuberger Berman.