Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) Short Interest Up 116.1% in February

Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 1,381 shares, an increase of 116.1% from the January 29th total of 639 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 3,177 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 3,177 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Trading of Neuberger Berman Disrupters ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Assetmark Inc. bought a new stake in shares of Neuberger Berman Disrupters ETF in the 2nd quarter valued at approximately $89,000. Fortis Group Advisors LLC raised its holdings in Neuberger Berman Disrupters ETF by 5.1% during the 4th quarter. Fortis Group Advisors LLC now owns 7,067 shares of the company’s stock worth $240,000 after buying an additional 343 shares during the period. TFB Advisors LLC lifted its stake in Neuberger Berman Disrupters ETF by 5.5% in the 3rd quarter. TFB Advisors LLC now owns 23,335 shares of the company’s stock valued at $848,000 after acquiring an additional 1,207 shares in the last quarter. Finally, J.W. Cole Advisors Inc. acquired a new stake in Neuberger Berman Disrupters ETF in the 2nd quarter valued at $1,827,000.

Neuberger Berman Disrupters ETF Stock Down 1.7%

NBDS traded down $0.55 on Friday, hitting $31.97. 168 shares of the company traded hands, compared to its average volume of 2,715. The stock has a market capitalization of $27.17 million, a PE ratio of 52.74 and a beta of 1.28. The company has a 50 day moving average of $34.31 and a 200-day moving average of $35.37. Neuberger Berman Disrupters ETF has a 12-month low of $23.54 and a 12-month high of $39.06.

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.