Neuberger Growth ETF (NYSEARCA:NBGX) Shares Shorted: Short Interest Down 66.7% in October

Neuberger Growth ETF (NYSEARCA:NBGX) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 1 shares, a decrease of 66.7% from the September 30th total of 3 shares. Based on an average trading volume of 174 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Neuberger Growth ETF Stock Down 1.0%

Neuberger Growth ETF stock traded down $0.30 during trading hours on Thursday, reaching $29.64. 535 shares of the company’s stock were exchanged, compared to its average volume of 408. The firm’s 50 day simple moving average is $29.97 and its 200 day simple moving average is $28.60. Neuberger Growth ETF has a twelve month low of $24.60 and a twelve month high of $31.00. The firm has a market capitalization of $14.82 million, a PE ratio of 36.12 and a beta of 1.21.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Neuberger Growth ETF stock. Royal Bank of Canada increased its position in Neuberger 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 & Exchange Commission. The institutional investor owned 25,898 shares of the company’s stock after purchasing an additional 25,392 shares during the period. Royal Bank of Canada owned approximately 5.18% of Neuberger Growth ETF worth $659,000 at the end of the most recent quarter.

About Neuberger 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.