Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) Short Interest Update

Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 2,924 shares, a drop of 86.3% from the May 14th total of 21,281 shares. Based on an average daily volume of 6,715 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Investors Weigh In On Neuberger Berman Disrupters ETF

A hedge fund recently raised its stake in Neuberger Berman Disrupters ETF stock. Assetmark Inc. lifted its position in Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) by 3.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,569 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Assetmark Inc. owned about 1.71% of Neuberger Berman Disrupters ETF worth $447,000 as of its most recent SEC filing.

Neuberger Berman Disrupters ETF Stock Performance

NBDS stock traded down $0.85 during trading on Wednesday, reaching $38.07. 108 shares of the company traded hands, compared to its average volume of 2,994. Neuberger Berman Disrupters ETF has a 12 month low of $29.42 and a 12 month high of $42.05. The business has a 50 day simple moving average of $36.31 and a 200 day simple moving average of $34.86. The company has a market capitalization of $32.36 million, a price-to-earnings ratio of 52.74 and a beta of 1.35.

About Neuberger Berman Disrupters ETF

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.