Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) Sees Large Drop in Short Interest

Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 934 shares, a decline of 80.1% from the December 15th total of 4,682 shares. Based on an average daily trading volume, of 1,732 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,732 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On Neuberger Berman Disrupters ETF

Large investors have recently modified their holdings of the company. J.W. Cole Advisors Inc. purchased a new stake in Neuberger Berman Disrupters ETF in the second quarter worth approximately $1,827,000. TFB Advisors LLC lifted its holdings in shares of Neuberger Berman Disrupters ETF by 18.1% in the 2nd quarter. TFB Advisors LLC now owns 22,128 shares of the company’s stock worth $759,000 after acquiring an additional 3,397 shares during the last quarter. Finally, Assetmark Inc. bought a new stake in shares of Neuberger Berman Disrupters ETF in the 2nd quarter worth approximately $89,000.

Neuberger Berman Disrupters ETF Trading Up 1.5%

Shares of Neuberger Berman Disrupters ETF stock traded up $0.54 on Thursday, hitting $36.38. 217 shares of the company traded hands, compared to its average volume of 2,792. Neuberger Berman Disrupters ETF has a 12-month low of $23.54 and a 12-month high of $39.06. The company has a market cap of $30.20 million, a P/E ratio of 52.74 and a beta of 1.28. The firm’s 50-day simple moving average is $35.93 and its 200 day simple moving average is $35.59.

About Neuberger Berman 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.