Neuberger Disrupters ETF (NYSEARCA:NBDS) Stock Short Interest Declines 66.6%

Neuberger Disrupters ETF (NYSEARCA:NBDS) was the target of a large decline in short interest in October. As of October 30th, there was short interest totaling 1,329 shares, a decline of 66.6% from the October 15th total of 3,985 shares. Based on an average trading volume of 2,936 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s stock are sold short.

Neuberger Disrupters ETF Stock Performance

Shares of NYSEARCA NBDS traded down $1.19 during mid-day trading on Friday, reaching $37.19. The company had a trading volume of 1,796 shares, compared to its average volume of 21,618. Neuberger Disrupters ETF has a twelve month low of $29.42 and a twelve month high of $42.86. The stock has a market capitalization of $165.50 million, a PE ratio of 44.42 and a beta of 1.36. The stock’s 50 day moving average is $39.82 and its 200-day moving average is $37.59.

Institutional Inflows and Outflows

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

Neuberger Disrupters ETF Company Profile

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.