Neuberger Growth ETF (NYSEARCA:NBGX) Sees Significant Growth in Short Interest

Neuberger Growth ETF (NYSEARCA:NBGX) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 7 shares, a growth of 75.0% from the August 15th total of 4 shares. Based on an average daily volume of 43 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Neuberger Growth ETF Stock Performance

NBGX stock traded down $0.04 during trading on Wednesday, hitting $29.20. 13 shares of the company’s stock traded hands, compared to its average volume of 378. Neuberger Growth ETF has a 52 week low of $24.60 and a 52 week high of $30.41. The business has a fifty day simple moving average of $29.51 and a 200 day simple moving average of $28.52. The stock has a market capitalization of $29.17 million, a price-to-earnings ratio of 36.12 and a beta of 1.23.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Neuberger Growth ETF stock. Royal Bank of Canada boosted its stake in shares of Neuberger Growth ETF (NYSEARCA:NBGX) by 5,018.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,898 shares of the company’s stock after acquiring an additional 25,392 shares during the quarter. Royal Bank of Canada owned about 5.18% of Neuberger Growth ETF worth $659,000 as of its most recent SEC filing.

About Neuberger 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.