Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) Short Interest Down 86.3% in May

Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) was the recipient of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 2,924 shares, a decrease of 86.3% from the May 14th total of 21,281 shares. Based on an average daily trading volume, of 6,715 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On Neuberger Berman Disrupters ETF

An institutional investor recently raised its position in Neuberger Berman Disrupters ETF stock. Assetmark Inc. grew its stake in shares of Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) by 293.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,069 shares of the company’s stock after buying an additional 10,495 shares during the period. Assetmark Inc. owned 1.70% of Neuberger Berman Disrupters ETF worth $499,000 at the end of the most recent reporting period.

Neuberger Berman Disrupters ETF Stock Up 4.6%

Shares of NBDS opened at $39.82 on Friday. The business’s 50-day moving average price is $36.67 and its 200-day moving average price is $34.93. Neuberger Berman Disrupters ETF has a twelve month low of $29.42 and a twelve month high of $42.05. The stock has a market cap of $33.85 million, a PE ratio of 52.74 and a beta of 1.35.

Neuberger Berman Disrupters ETF Company Profile

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.