Neuberger Berman Disrupters ETF (NYSEARCA:NBDS – Get Free Report) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 21,281 shares, an increase of 636.6% from the April 30th total of 2,889 shares. Currently, 2.5% of the company’s stock are short sold. Based on an average daily volume of 5,886 shares, the days-to-cover ratio is presently 3.6 days.
Institutional Trading of Neuberger Berman Disrupters ETF
A number of large investors have recently made changes to their positions in the stock. Fortis Group Advisors LLC grew its stake in shares of 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 acquiring an additional 343 shares during the period. Assetmark Inc. grew its stake in shares of Neuberger Berman Disrupters ETF by 3.6% in the first quarter. Assetmark Inc. now owns 14,569 shares of the company’s stock worth $447,000 after acquiring an additional 500 shares during the period. TFB Advisors LLC grew its stake in shares of Neuberger Berman Disrupters ETF by 5.5% in the third quarter. TFB Advisors LLC now owns 23,335 shares of the company’s stock worth $848,000 after acquiring an additional 1,207 shares during the period. Finally, J.W. Cole Advisors Inc. grew its stake in shares of Neuberger Berman Disrupters ETF by 8.4% in the third quarter. J.W. Cole Advisors Inc. now owns 57,800 shares of the company’s stock worth $2,093,000 after acquiring an additional 4,500 shares during the period.
Neuberger Berman Disrupters ETF Trading Up 3.0%
NYSEARCA:NBDS traded up $1.19 on Thursday, reaching $40.69. 3,733 shares of the stock traded hands, compared to its average volume of 2,689. The company has a market capitalization of $34.59 million, a price-to-earnings ratio of 52.74 and a beta of 1.32. Neuberger Berman Disrupters ETF has a 12 month low of $29.42 and a 12 month high of $40.76. The company’s fifty day simple moving average is $34.64 and its 200 day simple moving average is $34.57.
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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