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

Neuberger Growth ETF (NYSEARCA:NBGX) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totaling 20 shares, a growth of 1,900.0% from the October 15th total of 1 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,090 shares, the short-interest ratio is presently 0.0 days.

Neuberger Growth ETF Price Performance

Neuberger Growth ETF stock traded up $0.51 during trading on Wednesday, reaching $29.16. 1,265 shares of the company were exchanged, compared to its average volume of 415. The stock’s 50 day simple moving average is $29.82 and its two-hundred day simple moving average is $28.64. The company has a market capitalization of $14.58 million, a P/E ratio of 26.93 and a beta of 1.23. Neuberger Growth ETF has a 52-week low of $24.60 and a 52-week high of $31.00.

Institutional Investors Weigh In On Neuberger Growth ETF

An institutional investor recently raised its stake in Neuberger Growth ETF stock. Royal Bank of Canada raised its position in shares of Neuberger Growth ETF (NYSEARCA:NBGX) by 5,018.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,898 shares of the company’s stock after buying an additional 25,392 shares during the period. Royal Bank of Canada owned about 5.18% of Neuberger Growth ETF worth $659,000 as of its most recent filing with the Securities & Exchange Commission.

Neuberger Growth ETF Company Profile

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.