Short Interest in Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) Drops By 25.6%

Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 519 shares, a decrease of 25.6% from the February 26th total of 698 shares. Based on an average daily volume of 710 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of Neuberger Berman Disrupters ETF

Several institutional investors and hedge funds have recently bought and sold shares of NBDS. Assetmark Inc. grew its holdings in shares of Neuberger Berman Disrupters ETF by 38.0% during the 3rd quarter. Assetmark Inc. now owns 3,574 shares of the company’s stock worth $129,000 after acquiring an additional 984 shares during the period. Fortis Group Advisors LLC lifted its stake in shares of Neuberger Berman Disrupters ETF by 5.1% in the 4th quarter. Fortis Group Advisors LLC now owns 7,067 shares of the company’s stock valued at $240,000 after purchasing an additional 343 shares during the period. TFB Advisors LLC lifted its stake in shares of Neuberger Berman Disrupters ETF by 5.5% in the 3rd quarter. TFB Advisors LLC now owns 23,335 shares of the company’s stock valued at $848,000 after purchasing an additional 1,207 shares during the period. Finally, J.W. Cole Advisors Inc. bought a new stake in shares of Neuberger Berman Disrupters ETF during the second quarter valued at approximately $1,827,000.

Neuberger Berman Disrupters ETF Trading Down 1.8%

NYSEARCA:NBDS opened at $29.42 on Tuesday. The company has a 50-day moving average price of $32.41 and a 200-day moving average price of $34.94. The stock has a market cap of $25.01 million, a price-to-earnings ratio of 52.74 and a beta of 1.28. Neuberger Berman Disrupters ETF has a 12 month low of $23.54 and a 12 month high of $39.06.

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.