Neuberger Berman Growth ETF (NYSEARCA:NBGX) Short Interest Up 1,000.0% in June

Neuberger Berman Growth ETF (NYSEARCA:NBGX) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 11 shares, an increase of 1,000.0% from the June 15th total of 1 shares. Based on an average daily volume of 647 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Neuberger Berman Growth ETF Price Performance

NYSEARCA NBGX traded up $0.13 on Friday, hitting $29.66. 48 shares of the company were exchanged, compared to its average volume of 360. Neuberger Berman Growth ETF has a twelve month low of $24.60 and a twelve month high of $30.07. The firm has a market capitalization of $14.83 million, a P/E ratio of 36.12 and a beta of 1.22. The company’s 50 day moving average price is $29.26 and its 200-day moving average price is $27.89.

Hedge Funds Weigh In On Neuberger Berman Growth ETF

A hedge fund recently raised its stake in Neuberger Berman Growth ETF stock. Royal Bank of Canada boosted its position in shares of Neuberger Berman Growth ETF (NYSEARCA:NBGX) by 5,018.2% during the 1st quarter, according to the company in its most recent filing with the SEC. 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 5.18% of Neuberger Berman Growth ETF worth $659,000 at the end of the most recent reporting period.

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.