Short Interest in Neuberger Berman Energy Transition & Infrastructure ETF (NYSEARCA:NBET) Decreases By 39.4%

Neuberger Berman Energy Transition & Infrastructure ETF (NYSEARCA:NBET) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 4,523 shares, a decline of 39.4% from the July 15th total of 7,469 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 5,519 shares, the short-interest ratio is currently 0.8 days.

Neuberger Berman Energy Transition & Infrastructure ETF Stock Up 1.6%

Neuberger Berman Energy Transition & Infrastructure ETF stock traded up $0.67 during midday trading on Tuesday, reaching $42.17. The company’s stock had a trading volume of 1,482 shares, compared to its average volume of 5,439. Neuberger Berman Energy Transition & Infrastructure ETF has a fifty-two week low of $31.34 and a fifty-two week high of $42.29. The company has a market cap of $49.34 million, a P/E ratio of 19.01 and a beta of 0.76. The business has a 50-day simple moving average of $39.88 and a 200-day simple moving average of $39.69.

Institutional Investors Weigh In On Neuberger Berman Energy Transition & Infrastructure ETF

Institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its stake in Neuberger Berman Energy Transition & Infrastructure ETF by 362.1% in the first quarter. Royal Bank of Canada now owns 20,146 shares of the company’s stock valued at $828,000 after purchasing an additional 15,786 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Neuberger Berman Energy Transition & Infrastructure ETF in the 2nd quarter valued at $413,000. Beacon Pointe Advisors LLC boosted its holdings in shares of Neuberger Berman Energy Transition & Infrastructure ETF by 4.7% in the 4th quarter. Beacon Pointe Advisors LLC now owns 152,047 shares of the company’s stock valued at $4,975,000 after buying an additional 6,877 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of Neuberger Berman Energy Transition & Infrastructure ETF by 2.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 44,003 shares of the company’s stock valued at $1,440,000 after buying an additional 1,099 shares during the last quarter. Finally, Osaic Holdings Inc. grew its position in shares of Neuberger Berman Energy Transition & Infrastructure ETF by 60.3% in the 2nd quarter. Osaic Holdings Inc. now owns 2,686 shares of the company’s stock valued at $88,000 after buying an additional 1,010 shares during the last quarter.

About Neuberger Berman Energy Transition & Infrastructure ETF

The Neuberger Berman Energy Transition & Infrastructure ETF (NBET) is an exchange-traded fund that mostly invests in energy equity. The fund uses a fundamental, bottom-up approach to actively invest in energy transition and infrastructure companies of any size from developed and emerging markets. The fund seeks to provide total return. NBET was launched on Apr 6, 2022 and is issued by Neuberger Berman.