Neuberger Berman Growth ETF (NYSEARCA:NBGX) Short Interest Update

Neuberger Berman Growth ETF (NYSEARCA:NBGX) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 635 shares, an increase of 629.9% from the July 15th total of 87 shares. Based on an average daily volume of 474 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.1% of the company’s stock are short sold.

Neuberger Berman Growth ETF Stock Performance

Shares of NBGX remained flat at $30.11 during mid-day trading on Thursday. The stock had a trading volume of 76 shares, compared to its average volume of 398. The company has a market cap of $15.05 million, a P/E ratio of 36.12 and a beta of 1.23. The company has a 50-day moving average price of $29.20 and a two-hundred day moving average price of $28.09. Neuberger Berman Growth ETF has a one year low of $24.60 and a one year high of $30.22.

Institutional Investors Weigh In On Neuberger Berman Growth ETF

An institutional investor recently raised its position in Neuberger Berman Growth ETF stock. Royal Bank of Canada raised its holdings 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 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,898 shares of the company’s stock after acquiring an additional 25,392 shares during the quarter. Royal Bank of Canada owned approximately 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.