Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) Short Interest Update

Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 59,241 shares, a growth of 158.7% from the May 31st total of 22,901 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 154,220 shares, the short-interest ratio is currently 0.4 days.

Neuberger Berman Short Duration Income ETF Stock Performance

Shares of NYSEARCA NBSD traded down $0.05 during midday trading on Tuesday, hitting $50.51. The company’s stock had a trading volume of 180,501 shares, compared to its average volume of 177,288. The stock has a fifty day moving average price of $50.73 and a 200 day moving average price of $50.97. Neuberger Berman Short Duration Income ETF has a one year low of $50.42 and a one year high of $51.57.

Institutional Investors Weigh In On Neuberger Berman Short Duration Income ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Round Rock Advisors LLC boosted its holdings in shares of Neuberger Berman Short Duration Income ETF by 35.1% in the fourth quarter. Round Rock Advisors LLC now owns 226,835 shares of the company’s stock worth $11,610,000 after acquiring an additional 58,943 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of Neuberger Berman Short Duration Income ETF by 6,773.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 447,327 shares of the company’s stock valued at $22,914,000 after purchasing an additional 440,819 shares during the period. Systelligence LLC purchased a new stake in Neuberger Berman Short Duration Income ETF during the 4th quarter worth about $1,130,000. Sagespring Wealth Partners LLC purchased a new stake in Neuberger Berman Short Duration Income ETF during the 4th quarter worth about $575,000. Finally, Rubicon Advisors GP bought a new position in Neuberger Berman Short Duration Income ETF in the 4th quarter worth about $4,092,000.

About Neuberger Berman Short Duration Income ETF

The Neuberger Berman Short Duration Income ETF (NBSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing broadly in the US fixed-income market. The fund seeks the highest available current income, and to a lesser extent, capital appreciation. NBSD was launched on Jun 21, 2010 and is issued by Neuberger Berman.