Neuberger Berman Disrupters ETF (NYSEARCA:NBDS – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 21,281 shares, a growth of 636.6% from the April 30th total of 2,889 shares. Currently, 2.5% of the shares of the company are sold short. Based on an average daily volume of 5,886 shares, the days-to-cover ratio is currently 3.6 days.
Neuberger Berman Disrupters ETF Price Performance
Shares of NYSEARCA:NBDS opened at $41.12 on Friday. The company has a market capitalization of $34.95 million, a PE ratio of 52.74 and a beta of 1.32. The business has a fifty day moving average price of $35.00 and a two-hundred day moving average price of $34.64. Neuberger Berman Disrupters ETF has a 1 year low of $29.42 and a 1 year high of $41.12.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in NBDS. TFB Advisors LLC grew its stake in shares of Neuberger Berman Disrupters ETF by 5.5% during the 3rd quarter. TFB Advisors LLC now owns 23,335 shares of the company’s stock worth $848,000 after acquiring an additional 1,207 shares during the period. J.W. Cole Advisors Inc. grew its stake in shares of Neuberger Berman Disrupters ETF by 8.4% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 57,800 shares of the company’s stock worth $2,093,000 after acquiring an additional 4,500 shares during the period. Assetmark Inc. grew its stake in shares of Neuberger Berman Disrupters ETF by 38.0% during the 3rd quarter. Assetmark Inc. now owns 3,574 shares of the company’s stock worth $129,000 after acquiring an additional 984 shares during the period. Finally, Fortis Group Advisors LLC grew its stake in shares of 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 acquiring an additional 343 shares during the period.
Neuberger Berman Disrupters ETF Company Profile
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.
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