Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) Sees Significant Decline in Short Interest

Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 11,300 shares, a decrease of 64.5% from the July 15th total of 31,842 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 64,245 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Neuberger Berman Disrupters ETF

Large investors have recently added to or reduced their stakes in the company. Sanctuary Advisors LLC purchased a new position in shares of Neuberger Berman Disrupters ETF during the 2nd quarter valued at about $1,083,000. Evolve Private Wealth LLC bought a new stake in Neuberger Berman Disrupters ETF during the 2nd quarter valued at $650,000. Assetmark Inc. boosted its holdings in shares of Neuberger Berman Disrupters ETF by 3.6% during the first quarter. Assetmark Inc. now owns 14,569 shares of the company’s stock worth $447,000 after purchasing an additional 500 shares during the period. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Neuberger Berman Disrupters ETF in the second quarter worth about $142,000. Finally, Fortis Group Advisors LLC increased its holdings in Neuberger Berman Disrupters ETF by 5.1% during the 4th quarter. Fortis Group Advisors LLC now owns 7,067 shares of the company’s stock valued at $240,000 after purchasing an additional 343 shares during the period.

Neuberger Berman Disrupters ETF Stock Up 0.1%

Shares of NBDS stock traded up $0.04 on Friday, reaching $42.51. The company’s stock had a trading volume of 6,048 shares, compared to its average volume of 26,373. The company has a market capitalization of $156.44 million, a P/E ratio of 52.74 and a beta of 1.35. Neuberger Berman Disrupters ETF has a 12-month low of $29.42 and a 12-month high of $42.80. The stock’s 50 day simple moving average is $40.52 and its 200-day simple moving average is $36.43.

Neuberger Berman 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.