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

Neuberger Berman Growth ETF (NYSEARCA:NBGX) was the target of a large 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. Based on an average trading volume of 227 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Neuberger Berman Growth ETF Stock Down 0.0%

Shares of NYSEARCA NBGX traded down $0.01 during mid-day trading on Thursday, reaching $28.59. 1,274 shares of the company were exchanged, compared to its average volume of 331. The firm has a 50-day moving average of $29.02 and a 200 day moving average of $27.79. Neuberger Berman Growth ETF has a 1 year low of $24.60 and a 1 year high of $30.07. The stock has a market cap of $14.29 million, a price-to-earnings ratio of 36.12 and a beta of 1.22.

Institutional Investors Weigh In On Neuberger Berman Growth ETF

A hedge fund recently raised its stake in Neuberger Berman Growth ETF stock. Royal Bank of Canada raised its holdings in shares of Neuberger Berman Growth ETF (NYSEARCA:NBGX) by 5,018.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,898 shares of the company’s stock after purchasing an additional 25,392 shares during the period. Royal Bank of Canada owned 5.18% of Neuberger Berman Growth ETF worth $659,000 at the end of the most recent quarter.

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.