Neuberger Berman Growth ETF (NYSEARCA:NBGX) Sees Significant Growth in Short Interest

Neuberger Berman Growth ETF (NYSEARCA:NBGX) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 87 shares, a growth of 690.9% from the June 30th total of 11 shares. Based on an average daily trading volume, of 946 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Neuberger Berman Growth ETF Price Performance

Neuberger Berman Growth ETF stock opened at $28.49 on Friday. Neuberger Berman Growth ETF has a 12-month low of $24.60 and a 12-month high of $30.07. The stock has a market capitalization of $14.24 million, a PE ratio of 36.12 and a beta of 1.22. The firm has a 50 day simple moving average of $29.25 and a 200-day simple moving average of $27.96.

Hedge Funds Weigh In On Neuberger Berman Growth ETF

An institutional investor 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% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,898 shares of the company’s stock after buying an additional 25,392 shares during the period. Royal Bank of Canada owned approximately 5.18% of Neuberger Berman Growth ETF worth $659,000 at the end of the most recent reporting period.

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.