Neuberger Energy Transition & Infrastructure ETF (NYSEARCA:NBET – Get Free Report) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 3,162 shares, a drop of 40.5% from the August 31st total of 5,315 shares. Based on an average daily trading volume, of 4,587 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.3% of the shares of the stock are short sold.
Neuberger Energy Transition & Infrastructure ETF Stock Up 0.3%
NYSEARCA:NBET opened at $39.40 on Wednesday. The business’s 50-day moving average price is $41.19 and its 200 day moving average price is $40.51. The firm has a market cap of $48.46 million, a P/E ratio of 19.01 and a beta of 0.77. Neuberger Energy Transition & Infrastructure ETF has a 52-week low of $31.34 and a 52-week high of $43.14.
Hedge Funds Weigh In On Neuberger Energy Transition & Infrastructure ETF
An institutional investor recently bought a new position in Neuberger Energy Transition & Infrastructure ETF stock. Citadel Advisors LLC bought a new position in shares of Neuberger Energy Transition & Infrastructure ETF (NYSEARCA:NBET – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,322 shares of the company’s stock, valued at approximately $286,000. Citadel Advisors LLC owned approximately 0.63% of Neuberger Energy Transition & Infrastructure ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
About Neuberger Energy Transition & Infrastructure ETF
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.
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