Neuberger Energy Transition & Infrastructure ETF (NYSEARCA:NBET) Stock Short Interest Falls 40.5%

by · The Markets Daily

Neuberger Energy Transition & Infrastructure ETF (NYSEARCA:NBET – Get Free Report) saw a large decline in short interest in September. As of September 15th, there was short interest totaling 3,162 shares, a decline of 40.5% from the August 31st total of 5,315 shares. Based on an average daily trading volume, of 4,587 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.3% of the shares of the stock are short sold.

Neuberger Energy Transition & Infrastructure ETF Price Performance

Shares of Neuberger Energy Transition & Infrastructure ETF stock traded up $0.49 on Thursday, hitting $39.64. The company had a trading volume of 3,021 shares, compared to its average volume of 5,336. Neuberger Energy Transition & Infrastructure ETF has a 52 week low of $31.34 and a 52 week high of $43.14. The company has a market cap of $48.76 million, a PE ratio of 19.01 and a beta of 0.77. The business has a 50-day simple moving average of $41.15 and a 200-day simple moving average of $40.51.

Hedge Funds Weigh In On Neuberger Energy Transition & Infrastructure ETF

An institutional investor recently bought a new position in Neuberger Energy Transition & Infrastructure ETF stock. Citadel Advisors LLC acquired a new position in Neuberger Energy Transition & Infrastructure ETF (NYSEARCA:NBET – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 7,322 shares of the company’s stock, valued at approximately $286,000. Citadel Advisors LLC owned approximately 0.63% of Neuberger Energy Transition & Infrastructure ETF as of its most recent filing with the SEC.

About Neuberger Energy Transition & Infrastructure ETF

(Get Free Report)

The Neuberger Berman Energy Transition & Infrastructure ETF (NBET) is an exchange-traded fund that mostly invests in energy equity. The fund uses a fundamental, bottom-up approach to actively invest in energy transition and infrastructure companies of any size from developed and emerging markets. The fund seeks to provide total return. NBET was launched on Apr 6, 2022 and is issued by Neuberger Berman.

See Also