Neuberger Short Duration Income ETF (NYSEARCA:NBSD – Get Free Report) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 9,411 shares, a drop of 85.2% from the August 31st total of 63,730 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 436,393 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Investors Weigh In On Neuberger Short Duration Income ETF
Institutional investors and hedge funds have recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its holdings in shares of Neuberger Short Duration Income ETF by 38.5% during the second quarter. Envestnet Asset Management Inc. now owns 12,600 shares of the company’s stock worth $636,000 after purchasing an additional 3,504 shares during the period. Integrated Wealth Concepts LLC increased its holdings in Neuberger Short Duration Income ETF by 4.7% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 406,288 shares of the company’s stock worth $20,520,000 after buying an additional 18,391 shares during the period. NewEdge Advisors LLC raised its position in Neuberger Short Duration Income ETF by 13.5% during the 2nd quarter. NewEdge Advisors LLC now owns 72,279 shares of the company’s stock worth $3,651,000 after buying an additional 8,613 shares during the last quarter. Kintra Wealth LLC purchased a new position in Neuberger Short Duration Income ETF during the 2nd quarter worth approximately $226,000. Finally, Kraft Davis & Associates LLC lifted its stake in Neuberger Short Duration Income ETF by 77.6% during the 2nd quarter. Kraft Davis & Associates LLC now owns 11,387 shares of the company’s stock valued at $575,000 after acquiring an additional 4,976 shares during the period.
Neuberger Short Duration Income ETF Trading Down 0.4%
Neuberger Short Duration Income ETF stock traded down $0.20 during midday trading on Friday, reaching $49.91. The company’s stock had a trading volume of 273,156 shares, compared to its average volume of 206,863. The stock’s 50-day simple moving average is $50.49 and its 200-day simple moving average is $50.65. Neuberger Short Duration Income ETF has a 52-week low of $49.86 and a 52-week high of $51.57.
About Neuberger Short Duration Income ETF
The Neuberger Berman Short Duration Income ETF (NBSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing broadly in the US fixed-income market. The fund seeks the highest available current income, and to a lesser extent, capital appreciation. NBSD was launched on Jun 21, 2010 and is issued by Neuberger Berman.
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