Neuberger Growth ETF (NYSEARCA:NBGX) Sees Significant Growth in Short Interest

Neuberger Growth ETF (NYSEARCA:NBGX) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 20 shares, a growth of 1,900.0% from the October 15th total of 1 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,090 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Neuberger Growth ETF

An institutional investor recently raised its position in Neuberger Growth ETF stock. Royal Bank of Canada boosted its holdings in shares of Neuberger Growth ETF (NYSEARCA:NBGX) by 5,018.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,898 shares of the company’s stock after buying an additional 25,392 shares during the quarter. Royal Bank of Canada owned 5.18% of Neuberger Growth ETF worth $659,000 as of its most recent SEC filing.

Neuberger Growth ETF Stock Performance

NBGX stock traded down $0.09 during midday trading on Thursday, reaching $28.92. The stock had a trading volume of 92 shares, compared to its average volume of 413. The firm has a fifty day simple moving average of $29.82 and a two-hundred day simple moving average of $28.64. The stock has a market cap of $14.46 million, a PE ratio of 26.93 and a beta of 1.23. Neuberger Growth ETF has a 52-week low of $24.60 and a 52-week high of $31.00.

Neuberger Growth ETF Company Profile

The Neuberger Berman Growth ETF (NBGX) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap growth stocks from around the globe selected using a research-driven approach. The fund seeks long-term capital appreciation. NBGX was launched on Dec 18, 2024 and is issued by Neuberger Berman.