Short Interest in Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) Increases By 89.7%

Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 5,823 shares, a growth of 89.7% from the June 15th total of 3,070 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 40,726 shares, the days-to-cover ratio is presently 0.1 days.

Neuberger Berman Disrupters ETF Stock Performance

Shares of NYSEARCA NBDS traded down $1.44 during mid-day trading on Thursday, hitting $39.67. 722 shares of the stock were exchanged, compared to its average volume of 23,121. Neuberger Berman Disrupters ETF has a twelve month low of $29.42 and a twelve month high of $42.80. The stock’s fifty day simple moving average is $40.20 and its two-hundred day simple moving average is $35.86. The company has a market cap of $142.81 million, a P/E ratio of 52.74 and a beta of 1.34.

Institutional Investors Weigh In On Neuberger Berman Disrupters ETF

An institutional investor recently raised its stake in Neuberger Berman Disrupters ETF stock. Assetmark Inc. grew its holdings in Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) by 293.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,069 shares of the company’s stock after purchasing an additional 10,495 shares during the quarter. Assetmark Inc. owned about 1.70% of Neuberger Berman Disrupters ETF worth $499,000 as of its most recent filing with the SEC.

Neuberger Berman 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.