Neuberger Disrupters ETF (NYSEARCA:NBDS – Get Free Report) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 3,295 shares, a decrease of 71.7% from the August 15th total of 11,638 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 6,104 shares, the short-interest ratio is currently 0.5 days.
Institutional Trading of Neuberger Disrupters ETF
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Ameritas Advisory Services LLC acquired a new stake in Neuberger Disrupters ETF in the 2nd quarter worth about $82,000. Assetmark Inc. boosted its position in Neuberger Disrupters ETF by 3.6% in the 1st quarter. Assetmark Inc. now owns 14,569 shares of the company’s stock valued at $447,000 after buying an additional 500 shares during the last quarter. Finally, Fortis Group Advisors LLC grew its position in shares of Neuberger Disrupters ETF by 5.1% during the fourth quarter. Fortis Group Advisors LLC now owns 7,067 shares of the company’s stock worth $240,000 after buying an additional 343 shares in the last quarter.
Neuberger Disrupters ETF Stock Up 0.9%
Shares of Neuberger Disrupters ETF stock traded up $0.35 during trading on Friday, reaching $40.00. The company’s stock had a trading volume of 50,498 shares, compared to its average volume of 24,464. Neuberger Disrupters ETF has a 12-month low of $29.42 and a 12-month high of $42.86. The business has a 50 day moving average price of $40.57 and a 200-day moving average price of $37.60. The company has a market capitalization of $147.20 million, a P/E ratio of 52.74 and a beta of 1.36.
About Neuberger Disrupters ETF
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.
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