Short Interest in Neuberger Berman Growth ETF (NYSEARCA:NBGX) Declines By 99.4%

Neuberger Berman Growth ETF (NYSEARCA:NBGX) saw a large decline in short interest in August. As of August 14th, there was short interest totaling 4 shares, a decline of 99.4% from the July 30th total of 635 shares. Based on an average trading volume of 216 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Neuberger Berman Growth ETF

A hedge fund recently raised its position in Neuberger Berman Growth ETF stock. Royal Bank of Canada increased its position in Neuberger Berman Growth ETF (NYSEARCA:NBGX) by 5,018.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,898 shares of the company’s stock after acquiring an additional 25,392 shares during the period. Royal Bank of Canada owned approximately 5.18% of Neuberger Berman Growth ETF worth $659,000 as of its most recent SEC filing.

Neuberger Berman Growth ETF Stock Up 0.4%

Neuberger Berman Growth ETF stock traded up $0.13 during mid-day trading on Tuesday, hitting $29.59. The company had a trading volume of 11 shares, compared to its average volume of 382. The business has a fifty day moving average of $29.34 and a 200 day moving average of $28.22. The stock has a market cap of $14.79 million, a price-to-earnings ratio of 36.12 and a beta of 1.23. Neuberger Berman Growth ETF has a 1 year low of $24.60 and a 1 year high of $30.41.

About Neuberger Berman Growth ETF

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.