Neuberger Berman Disrupters ETF (NYSEARCA:NBDS – Get Free Report) saw a large growth in short interest in April. As of April 15th, there was short interest totaling 1,902 shares, a growth of 305.5% from the March 31st total of 469 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 1,289 shares, the days-to-cover ratio is presently 1.5 days.
Neuberger Berman Disrupters ETF Price Performance
NBDS stock opened at $36.46 on Monday. Neuberger Berman Disrupters ETF has a 1-year low of $27.05 and a 1-year high of $39.06. The company has a market capitalization of $30.99 million, a price-to-earnings ratio of 52.74 and a beta of 1.29. The business has a 50 day simple moving average of $32.33 and a two-hundred day simple moving average of $34.55.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fortis Group Advisors LLC boosted its stake in Neuberger Berman Disrupters ETF by 5.1% in the 4th quarter. Fortis Group Advisors LLC now owns 7,067 shares of the company’s stock worth $240,000 after purchasing an additional 343 shares during the period. Assetmark Inc. boosted its stake in Neuberger Berman Disrupters ETF by 293.6% in the 4th 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. J.W. Cole Advisors Inc. boosted its stake in Neuberger Berman Disrupters ETF by 8.4% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 57,800 shares of the company’s stock worth $2,093,000 after purchasing an additional 4,500 shares during the period. Finally, TFB Advisors LLC boosted its stake in Neuberger Berman Disrupters ETF by 5.5% in 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 during the period.
About Neuberger Berman Disrupters ETF
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.
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