Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) Short Interest Update

Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 32,790 shares, a growth of 114.0% from the July 30th total of 15,321 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 205,042 shares, the short-interest ratio is currently 0.2 days.

Neuberger Berman Short Duration Income ETF Price Performance

Shares of Neuberger Berman Short Duration Income ETF stock opened at $50.44 on Monday. Neuberger Berman Short Duration Income ETF has a 1 year low of $50.38 and a 1 year high of $51.57. The stock has a 50-day moving average price of $50.59 and a 200 day moving average price of $50.78.

Institutional Trading of Neuberger Berman Short Duration Income ETF

Hedge funds have recently made changes to their positions in the stock. Main Street Financial Solutions LLC lifted its position in Neuberger Berman Short Duration Income ETF by 387.7% in the 4th quarter. Main Street Financial Solutions LLC now owns 48,369 shares of the company’s stock worth $2,476,000 after buying an additional 38,452 shares in the last quarter. Wetzel Investment Advisors Inc. raised its holdings in shares of Neuberger Berman Short Duration Income ETF by 68.7% during the first quarter. Wetzel Investment Advisors Inc. now owns 25,565 shares of the company’s stock worth $1,296,000 after acquiring an additional 10,407 shares in the last quarter. Rubicon Advisors GP acquired a new position in Neuberger Berman Short Duration Income ETF during the fourth quarter worth $4,092,000. Private Advisor Group LLC raised its holdings in Neuberger Berman Short Duration Income ETF by 115.2% during the first quarter. Private Advisor Group LLC now owns 53,308 shares of the company’s stock valued at $2,703,000 after buying an additional 28,531 shares in the last quarter. Finally, Robinson Smith Wealth Advisors LLC raised its holdings in Neuberger Berman Short Duration Income ETF by 10.8% during the first quarter. Robinson Smith Wealth Advisors LLC now owns 110,652 shares of the company’s stock valued at $5,611,000 after buying an additional 10,802 shares in the last quarter.

Neuberger Berman Short Duration Income ETF Company Profile

The Neuberger Berman Short Duration Income ETF (NBSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing broadly in the US fixed-income market. The fund seeks the highest available current income, and to a lesser extent, capital appreciation. NBSD was launched on Jun 21, 2010 and is issued by Neuberger Berman.