Short Interest in Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) Drops By 80.1%

Neuberger Berman Disrupters ETF (NYSEARCA:NBDSGet Free Report) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 934 shares, a decline of 80.1% from the December 15th total of 4,682 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 1,732 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 1,732 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of Neuberger Berman Disrupters ETF

Several hedge funds have recently made changes to their positions in NBDS. Assetmark Inc. grew its position in Neuberger Berman Disrupters ETF by 38.0% in the third quarter. Assetmark Inc. now owns 3,574 shares of the company’s stock worth $129,000 after acquiring an additional 984 shares in the last quarter. TFB Advisors LLC lifted its stake in shares of Neuberger Berman Disrupters ETF by 5.5% in the 3rd quarter. TFB Advisors LLC now owns 23,335 shares of the company’s stock valued at $848,000 after purchasing an additional 1,207 shares during the last quarter. Finally, J.W. Cole Advisors Inc. boosted its holdings in shares of 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.

Neuberger Berman Disrupters ETF Trading Down 0.1%

NBDS traded down $0.04 during trading hours on Tuesday, hitting $36.40. The company’s stock had a trading volume of 2,976 shares, compared to its average volume of 2,872. The stock has a market cap of $30.21 million, a price-to-earnings ratio of 52.74 and a beta of 1.28. The business’s 50-day moving average price is $35.98 and its 200-day moving average price is $35.57. Neuberger Berman Disrupters ETF has a 12 month low of $23.54 and a 12 month high of $39.06.

About Neuberger Berman Disrupters ETF

(Get Free Report)

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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