Neuberger Disrupters ETF (NYSEARCA:NBDS) Stock Short Interest Declines 66.6%

Neuberger Disrupters ETF (NYSEARCA:NBDS) was the target of a large decline in short interest in October. As of October 30th, there was short interest totaling 1,329 shares, a decline of 66.6% from the October 15th total of 3,985 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,936 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of Neuberger Disrupters ETF

A hedge fund recently raised its stake in Neuberger Disrupters ETF stock. Assetmark Inc. lifted its holdings in shares of Neuberger Disrupters ETF (NYSEARCA:NBDS) by 3.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,569 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Assetmark Inc. owned approximately 1.71% of Neuberger Disrupters ETF worth $447,000 as of its most recent SEC filing.

Neuberger Disrupters ETF Price Performance

NBDS traded down $1.19 during midday trading on Friday, hitting $37.19. 1,796 shares of the company’s stock traded hands, compared to its average volume of 21,618. The company has a market cap of $165.50 million, a PE ratio of 44.42 and a beta of 1.36. The stock’s fifty day simple moving average is $39.82 and its 200-day simple moving average is $37.59. Neuberger Disrupters ETF has a one year low of $29.42 and a one year high of $42.86.

Neuberger 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.