Short Interest in Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) Increases By 285.4%

Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 28,835 shares, an increase of 285.4% from the April 30th total of 7,481 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 133,120 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Neuberger Berman Short Duration Income ETF

A number of large investors have recently added to or reduced their stakes in the company. Western Wealth Management LLC purchased a new position in shares of Neuberger Berman Short Duration Income ETF in the 1st quarter worth about $46,000. Comerica Bank purchased a new stake in Neuberger Berman Short Duration Income ETF in the third quarter worth approximately $102,000. NWF Advisory Services Inc. bought a new position in Neuberger Berman Short Duration Income ETF during the fourth quarter valued at approximately $205,000. Magnolia Capital Advisors LLC purchased a new position in shares of Neuberger Berman Short Duration Income ETF during the fourth quarter worth approximately $205,000. Finally, Fifth Third Bancorp bought a new stake in shares of Neuberger Berman Short Duration Income ETF in the 1st quarter worth approximately $205,000.

Neuberger Berman Short Duration Income ETF Price Performance

NBSD stock opened at $50.71 on Friday. The firm has a 50 day simple moving average of $50.79 and a two-hundred day simple moving average of $51.06. Neuberger Berman Short Duration Income ETF has a one year low of $50.42 and a one year high of $51.57.

Neuberger Berman Short Duration Income ETF Company Profile

The Neuberger Berman Short Duration Income ETF (NBSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing broadly in the US fixed-income market. The fund seeks the highest available current income, and to a lesser extent, capital appreciation. NBSD was launched on Jun 21, 2010 and is issued by Neuberger Berman.