Neuberger Energy Transition & Infrastructure ETF (NYSEARCA:NBET) Shares Shorted: Short Interest Down 40.5% in September

Neuberger Energy Transition & Infrastructure ETF (NYSEARCA:NBET) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 3,162 shares, a decrease of 40.5% from the August 31st total of 5,315 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,587 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Neuberger Energy Transition & Infrastructure ETF

A hedge fund recently raised its position in Neuberger Energy Transition & Infrastructure ETF stock. Royal Bank of Canada raised its position in shares of Neuberger Energy Transition & Infrastructure ETF (NYSEARCA:NBET) by 362.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,146 shares of the company’s stock after purchasing an additional 15,786 shares during the quarter. Royal Bank of Canada owned about 1.87% of Neuberger Energy Transition & Infrastructure ETF worth $828,000 as of its most recent SEC filing.

Neuberger Energy Transition & Infrastructure ETF Trading Up 0.3%

NBET stock opened at $39.40 on Wednesday. Neuberger Energy Transition & Infrastructure ETF has a 52 week low of $31.34 and a 52 week high of $43.14. The company has a market capitalization of $48.46 million, a price-to-earnings ratio of 19.01 and a beta of 0.77. The firm’s 50-day moving average is $41.19 and its two-hundred day moving average is $40.51.

About Neuberger 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.