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

Neuberger Berman Growth ETF (NYSEARCA:NBGX) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 87 shares, an increase of 690.9% from the June 30th total of 11 shares. Based on an average trading volume of 946 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Trading of Neuberger Berman Growth ETF

A hedge fund recently raised its stake in Neuberger Berman Growth ETF stock. Royal Bank of Canada increased its holdings in Neuberger Berman Growth ETF (NYSEARCA:NBGX) by 5,018.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,898 shares of the company’s stock after purchasing an additional 25,392 shares during the quarter. Royal Bank of Canada owned 5.18% of Neuberger Berman Growth ETF worth $659,000 at the end of the most recent quarter.

Neuberger Berman Growth ETF Trading Down 0.4%

Shares of NYSEARCA NBGX opened at $28.49 on Friday. Neuberger Berman Growth ETF has a twelve month low of $24.60 and a twelve month high of $30.07. The company has a market capitalization of $14.24 million, a price-to-earnings ratio of 36.12 and a beta of 1.22. The firm has a 50-day moving average of $29.25 and a two-hundred day moving average of $27.96.

About Neuberger Berman Growth ETF

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.