Neuberger Berman Growth ETF (NYSEARCA:NBGX) Short Interest Up ∞ in May

Neuberger Berman Growth ETF (NYSEARCA:NBGX) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 1,950 shares, a growth of ∞ from the May 14th total of 0 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily volume of 846 shares, the days-to-cover ratio is currently 2.3 days.

Neuberger Berman Growth ETF Stock Performance

Shares of Neuberger Berman Growth ETF stock remained flat at $29.47 during midday trading on Tuesday. 5 shares of the stock were exchanged, compared to its average volume of 327. The stock has a market capitalization of $14.74 million, a P/E ratio of 36.12 and a beta of 1.22. The firm has a 50 day moving average of $28.61 and a 200 day moving average of $27.75. Neuberger Berman Growth ETF has a fifty-two week low of $24.60 and a fifty-two week high of $30.07.

Hedge Funds Weigh In On Neuberger Berman Growth ETF

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

Neuberger Berman 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.