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

Neuberger Berman Growth ETF (NYSEARCA:NBGX) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 635 shares, a growth of 629.9% from the July 15th total of 87 shares. Based on an average trading volume of 474 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.1% of the company’s shares are short sold.

Neuberger Berman Growth ETF Price Performance

NYSEARCA NBGX opened at $30.41 on Friday. The firm has a market cap of $15.21 million, a P/E ratio of 36.12 and a beta of 1.23. The stock’s 50-day moving average is $29.21 and its 200-day moving average is $28.11. Neuberger Berman Growth ETF has a one year low of $24.60 and a one year high of $30.41.

Institutional Trading of Neuberger Berman Growth ETF

A hedge fund recently raised its position in Neuberger Berman Growth ETF stock. Royal Bank of Canada boosted its stake in shares of Neuberger Berman Growth ETF (NYSEARCA:NBGX) by 5,018.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 25,898 shares of the company’s stock after buying an additional 25,392 shares during the period. Royal Bank of Canada owned approximately 5.18% of Neuberger Berman Growth ETF worth $659,000 as of its most recent filing with the SEC.

Neuberger Berman Growth ETF Company Profile

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.