Short Interest in Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) Rises By 446.8%

Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 31,842 shares, a growth of 446.8% from the June 30th total of 5,823 shares. Based on an average daily trading volume, of 26,750 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.9% of the shares of the company are short sold.

Institutional Trading of Neuberger Berman Disrupters ETF

An institutional investor recently raised its stake in Neuberger Berman Disrupters ETF stock. Fortis Group Advisors LLC increased its stake in Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) by 5.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,067 shares of the company’s stock after acquiring an additional 343 shares during the quarter. Fortis Group Advisors LLC owned approximately 0.83% of Neuberger Berman Disrupters ETF worth $240,000 at the end of the most recent reporting period.

Neuberger Berman Disrupters ETF Price Performance

NBDS stock traded down $0.82 during trading on Friday, hitting $38.83. 6,123 shares of the company traded hands, compared to its average volume of 22,334. The stock’s 50-day simple moving average is $40.41 and its 200 day simple moving average is $36.03. The company has a market cap of $142.89 million, a PE ratio of 52.74 and a beta of 1.34. Neuberger Berman Disrupters ETF has a 1 year low of $29.42 and a 1 year high of $42.80.

About Neuberger Berman Disrupters ETF

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.