Neuberger Berman Growth ETF (NYSEARCA:NBGX) Sees Large Increase in Short Interest

Neuberger Berman Growth ETF (NYSEARCA:NBGX) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 11 shares, a growth of 1,000.0% from the June 15th total of 1 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 647 shares, the short-interest ratio is presently 0.0 days.

Neuberger Berman Growth ETF Stock Up 0.4%

NYSEARCA:NBGX traded up $0.13 on Friday, reaching $29.66. The company’s stock had a trading volume of 48 shares, compared to its average volume of 360. Neuberger Berman Growth ETF has a 12-month low of $24.60 and a 12-month high of $30.07. The firm has a market cap of $14.83 million, a price-to-earnings ratio of 36.12 and a beta of 1.22. The stock has a 50 day moving average price of $29.26 and a 200 day moving average price of $27.89.

Institutional Trading of Neuberger Berman Growth ETF

An institutional investor recently raised its position in Neuberger Berman Growth ETF stock. Royal Bank of Canada boosted its stake 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 Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,898 shares of the company’s stock after buying an additional 25,392 shares during the quarter. Royal Bank of Canada owned 5.18% of Neuberger Berman Growth ETF worth $659,000 as of its most recent SEC filing.

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.