Neuberger China Equity ETF (NYSEARCA:NBCE) Short Interest Update
by Jessica Moore · The Cerbat GemNeuberger China Equity ETF (NYSEARCA:NBCE – Get Free Report) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 11,548 shares, a drop of 62.7% from the August 15th total of 30,991 shares. Currently, 2.6% of the shares of the company are short sold. Based on an average daily trading volume, of 972 shares, the short-interest ratio is presently 11.9 days.
Neuberger China Equity ETF Stock Down 0.4%
Shares of NBCE traded down $0.17 during midday trading on Tuesday, reaching $38.19. 14 shares of the stock were exchanged, compared to its average volume of 1,406. The stock’s 50 day simple moving average is $39.61 and its 200 day simple moving average is $39.24. The company has a market cap of $16.80 million, a P/E ratio of 15.84 and a beta of 0.48. Neuberger China Equity ETF has a twelve month low of $31.49 and a twelve month high of $45.93.
About Neuberger China Equity ETF
The Neuberger Berman China Equity ETF (NBCE) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, concentrated, all-cap portfolio of China-A share companies and equity-related securities. The fund also incorporates ESG factors as part of its screening process NBCE was launched on Jul 17, 2013 and is issued by Neuberger Berman.