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

Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 2,924 shares, a decrease of 86.3% from the May 14th total of 21,281 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 6,715 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On Neuberger Berman Disrupters ETF

A hedge fund recently raised its stake in Neuberger Berman Disrupters ETF stock. Assetmark Inc. boosted its position in Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) by 38.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,574 shares of the company’s stock after purchasing an additional 984 shares during the period. Assetmark Inc. owned about 0.46% of Neuberger Berman Disrupters ETF worth $129,000 as of its most recent SEC filing.

Neuberger Berman Disrupters ETF Stock Performance

Neuberger Berman Disrupters ETF stock traded up $1.75 during mid-day trading on Thursday, reaching $39.82. 1,850 shares of the company were exchanged, compared to its average volume of 2,983. Neuberger Berman Disrupters ETF has a twelve month low of $29.42 and a twelve month high of $42.05. The firm has a market cap of $33.85 million, a PE ratio of 52.74 and a beta of 1.35. The firm’s 50-day simple moving average is $36.67 and its two-hundred day simple moving average is $34.93.

About Neuberger Berman Disrupters ETF

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.