Short Interest in Neuberger Berman Growth ETF (NYSEARCA:NBGX) Rises By ∞

by · The Markets Daily

Neuberger Berman Growth ETF (NYSEARCA:NBGX – Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,950 shares, an increase of ∞ from the May 14th total of 0 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 846 shares, the short-interest ratio is presently 2.3 days.

Hedge Funds Weigh In On Neuberger Berman Growth ETF

An institutional investor recently raised its position in Neuberger Berman Growth ETF stock. Royal Bank of Canada grew its position in shares of Neuberger Berman Growth ETF (NYSEARCA:NBGX – Free Report) by 5,018.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,898 shares of the company’s stock after acquiring an additional 25,392 shares during the period. Royal Bank of Canada owned about 5.18% of Neuberger Berman Growth ETF worth $659,000 as of its most recent SEC filing.

Neuberger Berman Growth ETF Stock Up 0.1%

Shares of NYSEARCA:NBGX traded up $0.02 during midday trading on Friday, hitting $28.85. 8 shares of the stock traded hands, compared to its average volume of 329. The stock has a market capitalization of $14.43 million, a PE ratio of 36.12 and a beta of 1.22. The business’s 50 day moving average is $28.54 and its two-hundred day moving average is $27.74. Neuberger Berman Growth ETF has a one year low of $24.60 and a one year high of $30.07.

Neuberger Berman Growth ETF Company Profile

(Get Free Report)

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.

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