Neuberger Berman Energy Transition & Infrastructure ETF (NYSEARCA:NBET) Short Interest Up 30.6% in February

Neuberger Berman Energy Transition & Infrastructure ETF (NYSEARCA:NBET) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 1,225 shares, an increase of 30.6% from the January 29th total of 938 shares. Based on an average daily volume of 5,142 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 5,142 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Neuberger Berman Energy Transition & Infrastructure ETF

A number of institutional investors have recently added to or reduced their stakes in NBET. Stratos Wealth Partners LTD. bought a new stake in Neuberger Berman Energy Transition & Infrastructure ETF in the 4th quarter valued at $608,000. Beacon Pointe Advisors LLC raised its holdings in Neuberger Berman Energy Transition & Infrastructure ETF by 14.8% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 134,182 shares of the company’s stock worth $4,406,000 after purchasing an additional 17,294 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Neuberger Berman Energy Transition & Infrastructure ETF during the second quarter worth $413,000. Private Trust Co. NA bought a new stake in Neuberger Berman Energy Transition & Infrastructure ETF in the third quarter valued at approximately $39,000. Finally, Janney Montgomery Scott LLC raised its position in shares of Neuberger Berman Energy Transition & Infrastructure ETF by 2.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 44,003 shares of the company’s stock worth $1,440,000 after purchasing an additional 1,099 shares during the period.

Neuberger Berman Energy Transition & Infrastructure ETF Stock Up 1.7%

Shares of NBET stock traded up $0.66 during mid-day trading on Monday, reaching $39.87. The company’s stock had a trading volume of 2,101 shares, compared to its average volume of 5,230. The firm has a market capitalization of $37.08 million, a PE ratio of 19.01 and a beta of 0.99. Neuberger Berman Energy Transition & Infrastructure ETF has a 12-month low of $27.68 and a 12-month high of $40.02. The company’s 50 day simple moving average is $35.25 and its 200-day simple moving average is $33.51.

Neuberger Berman Energy Transition & Infrastructure ETF Company Profile

The Neuberger Berman Energy Transition & Infrastructure ETF (NBET) is an exchange-traded fund that mostly invests in energy equity. The fund uses a fundamental, bottom-up approach to actively invest in energy transition and infrastructure companies of any size from developed and emerging markets. The fund seeks to provide total return. NBET was launched on Apr 6, 2022 and is issued by Neuberger Berman.