Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) Sees Significant Drop in Short Interest

Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) was the recipient of a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 698 shares, a drop of 49.5% from the February 12th total of 1,381 shares. Based on an average daily volume of 1,731 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 1,731 shares, the short-interest ratio is currently 0.4 days.

Neuberger Berman Disrupters ETF Trading Down 2.5%

Shares of NYSEARCA NBDS traded down $0.79 during trading hours on Thursday, reaching $31.34. The stock had a trading volume of 340 shares, compared to its average volume of 2,345. The firm has a 50-day moving average of $33.61 and a 200-day moving average of $35.22. Neuberger Berman Disrupters ETF has a fifty-two week low of $23.54 and a fifty-two week high of $39.06. The firm has a market cap of $26.64 million, a price-to-earnings ratio of 52.74 and a beta of 1.28.

Hedge Funds Weigh In On Neuberger Berman Disrupters ETF

Several hedge funds and other institutional investors have recently bought and sold shares of NBDS. J.W. Cole Advisors Inc. bought a new stake in shares of Neuberger Berman Disrupters ETF in the 2nd quarter worth approximately $1,827,000. Fortis Group Advisors LLC increased its holdings in Neuberger Berman Disrupters ETF by 5.1% in the fourth quarter. Fortis Group Advisors LLC now owns 7,067 shares of the company’s stock worth $240,000 after buying an additional 343 shares during the last quarter. Assetmark Inc. increased its stake in shares of Neuberger Berman Disrupters ETF by 293.6% in the fourth quarter. Assetmark Inc. now owns 14,069 shares of the company’s stock worth $499,000 after purchasing an additional 10,495 shares during the period. Finally, TFB Advisors LLC grew its holdings in shares of Neuberger Berman Disrupters ETF by 5.5% during the 3rd quarter. TFB Advisors LLC now owns 23,335 shares of the company’s stock worth $848,000 after purchasing an additional 1,207 shares in the last quarter.

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.