Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) Short Interest Update

Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 11,300 shares, a drop of 64.5% from the July 15th total of 31,842 shares. Based on an average daily trading volume, of 64,245 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the shares of the company are short sold.

Neuberger Berman Disrupters ETF Stock Up 0.1%

NYSEARCA:NBDS traded up $0.04 during trading hours on Friday, hitting $42.51. 6,048 shares of the stock traded hands, compared to its average volume of 26,373. Neuberger Berman Disrupters ETF has a 1 year low of $29.42 and a 1 year high of $42.80. The stock has a 50 day moving average price of $40.52 and a 200 day moving average price of $36.43. The company has a market cap of $156.44 million, a price-to-earnings ratio of 52.74 and a beta of 1.35.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC bought a new position in Neuberger Berman Disrupters ETF in the 2nd quarter worth approximately $1,083,000. Northwestern Mutual Wealth Management Co. purchased a new position in Neuberger Berman Disrupters ETF during the 2nd quarter valued at approximately $142,000. Evolve Private Wealth LLC bought a new stake in Neuberger Berman Disrupters ETF in the second quarter worth $650,000. Assetmark Inc. lifted its holdings in shares of Neuberger Berman Disrupters ETF by 3.6% in the 1st quarter. Assetmark Inc. now owns 14,569 shares of the company’s stock valued at $447,000 after acquiring an additional 500 shares during the last quarter. Finally, Fortis Group Advisors LLC boosted its holdings in shares of 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.

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.