Neuberger Berman China Equity ETF (NYSEARCA:NBCE) Sees Significant Growth in Short Interest

Neuberger Berman China Equity ETF (NYSEARCA:NBCE) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 29,942 shares, an increase of 167.1% from the July 15th total of 11,208 shares. Currently, 6.8% of the company’s stock are short sold. Based on an average daily volume of 2,331 shares, the short-interest ratio is presently 12.8 days.

Neuberger Berman China Equity ETF Price Performance

NYSEARCA:NBCE opened at $40.49 on Friday. Neuberger Berman China Equity ETF has a 12 month low of $28.51 and a 12 month high of $45.93. The firm has a market capitalization of $17.82 million, a PE ratio of 15.84 and a beta of 0.48. The business’s fifty day moving average price is $41.25 and its 200 day moving average price is $38.70.

Neuberger Berman China Equity ETF Company Profile

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.