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

Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 519 shares, a drop of 25.6% from the February 26th total of 698 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 710 shares, the short-interest ratio is currently 0.7 days.

Neuberger Berman Disrupters ETF Price Performance

Shares of NYSEARCA NBDS traded down $0.54 during mid-day trading on Monday, reaching $29.42. 1,866 shares of the company traded hands, compared to its average volume of 2,274. Neuberger Berman Disrupters ETF has a fifty-two week low of $23.54 and a fifty-two week high of $39.06. The firm has a market cap of $25.01 million, a PE ratio of 52.74 and a beta of 1.28. The stock has a fifty day simple moving average of $32.41 and a 200-day simple moving average of $34.94.

Hedge Funds Weigh In On Neuberger Berman Disrupters ETF

Several hedge funds have recently modified their holdings of NBDS. Assetmark Inc. raised its stake in shares of Neuberger Berman Disrupters ETF by 38.0% in the 3rd quarter. Assetmark Inc. now owns 3,574 shares of the company’s stock worth $129,000 after buying an additional 984 shares in the last quarter. Fortis Group Advisors LLC boosted its stake in Neuberger Berman Disrupters ETF by 5.1% during the fourth quarter. Fortis Group Advisors LLC now owns 7,067 shares of the company’s stock valued at $240,000 after buying an additional 343 shares in the last quarter. TFB Advisors LLC grew its holdings in Neuberger Berman Disrupters ETF by 5.5% during 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. bought a new stake in Neuberger Berman Disrupters ETF in the second quarter worth about $1,827,000.

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.