Neuberger Berman Growth ETF (NYSEARCA:NBGX) Short Interest Down 99.4% in August

Neuberger Berman Growth ETF (NYSEARCA:NBGX) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 4 shares, a decline of 99.4% from the July 30th total of 635 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 216 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Neuberger Berman Growth ETF stock. Royal Bank of Canada raised its position in shares of Neuberger Berman Growth ETF (NYSEARCA:NBGX) by 5,018.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,898 shares of the company’s stock after buying 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 filing with the Securities & Exchange Commission.

Neuberger Berman Growth ETF Stock Up 0.4%

Shares of NBGX stock traded up $0.13 during trading hours on Tuesday, hitting $29.59. 11 shares of the company’s stock were exchanged, compared to its average volume of 382. The firm has a market cap of $14.79 million, a P/E ratio of 36.12 and a beta of 1.23. The firm has a 50 day moving average of $29.34 and a two-hundred day moving average of $28.22. Neuberger Berman Growth ETF has a fifty-two week low of $24.60 and a fifty-two week high of $30.41.

About Neuberger Berman Growth ETF

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.