Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) Short Interest Up 446.8% in July

Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 31,842 shares, a growth of 446.8% from the June 30th total of 5,823 shares. Currently, 0.9% of the company’s stock are sold short. Based on an average trading volume of 26,750 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Neuberger Berman Disrupters ETF stock. Assetmark Inc. lifted its stake in shares of Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) by 3.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,569 shares of the company’s stock after purchasing an additional 500 shares during the period. Assetmark Inc. owned 1.71% of Neuberger Berman Disrupters ETF worth $447,000 at the end of the most recent quarter.

Neuberger Berman Disrupters ETF Stock Down 2.1%

Shares of NYSEARCA:NBDS traded down $0.82 during midday trading on Friday, reaching $38.83. The company had a trading volume of 6,123 shares, compared to its average volume of 22,334. The business’s 50 day moving average price is $40.41 and its 200 day moving average price is $36.03. The stock has a market cap of $142.89 million, a PE ratio of 52.74 and a beta of 1.34. Neuberger Berman Disrupters ETF has a 1-year low of $29.42 and a 1-year high of $42.80.

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.