Short Interest in Neuberger Berman Growth ETF (NYSEARCA:NBGX) Drops By 99.9%

Neuberger Berman Growth ETF (NYSEARCA:NBGX) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 1 shares, a drop of 99.9% from the May 31st total of 1,950 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 227 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Neuberger Berman Growth ETF

A hedge fund recently raised its position in Neuberger Berman Growth ETF stock. Royal Bank of Canada lifted its position in Neuberger Berman Growth ETF (NYSEARCA:NBGX) by 5,018.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,898 shares of the company’s stock after purchasing an additional 25,392 shares during the quarter. Royal Bank of Canada owned approximately 5.18% of Neuberger Berman Growth ETF worth $659,000 at the end of the most recent quarter.

Neuberger Berman Growth ETF Stock Up 0.2%

NBGX traded up $0.05 on Friday, reaching $28.64. The company had a trading volume of 373 shares, compared to its average volume of 331. Neuberger Berman Growth ETF has a 1 year low of $24.60 and a 1 year high of $30.07. The stock has a market capitalization of $14.32 million, a PE ratio of 36.12 and a beta of 1.22. The stock has a 50-day moving average price of $29.03 and a 200-day moving average price of $27.80.

About Neuberger Berman 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.