Neuberger Growth ETF (NYSEARCA:NBGX) Stock Short Interest Rises 1,900.0%

Neuberger Growth ETF (NYSEARCA:NBGX) was the target of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 20 shares, a growth of 1,900.0% from the October 15th total of 1 shares. Based on an average trading volume of 1,090 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Neuberger Growth ETF Stock Down 0.6%

Shares of NYSEARCA:NBGX traded down $0.16 during trading on Tuesday, reaching $28.65. 1,265 shares of the company traded hands, compared to its average volume of 415. The firm has a market cap of $14.32 million, a P/E ratio of 26.93 and a beta of 1.23. Neuberger Growth ETF has a 1-year low of $24.60 and a 1-year high of $31.00. The firm has a fifty day simple moving average of $29.82 and a 200 day simple moving average of $28.64.

Institutional Trading of Neuberger Growth ETF

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

Neuberger Growth ETF Company Profile

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.