Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) Short Interest Update

Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,512 shares, a decrease of 95.8% from the June 15th total of 59,241 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 209,501 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Neuberger Berman Short Duration Income ETF

A number of hedge funds have recently made changes to their positions in the business. Kraft Davis & Associates LLC grew its holdings in shares of Neuberger Berman Short Duration Income ETF by 77.6% during the 2nd quarter. Kraft Davis & Associates LLC now owns 11,387 shares of the company’s stock valued at $575,000 after purchasing an additional 4,976 shares during the last quarter. NewEdge Advisors LLC boosted its position in Neuberger Berman Short Duration Income ETF by 21.0% during the first quarter. NewEdge Advisors LLC now owns 63,666 shares of the company’s stock valued at $3,228,000 after buying an additional 11,050 shares during the period. Western Wealth Management LLC purchased a new stake in Neuberger Berman Short Duration Income ETF during the first quarter valued at about $46,000. Bank of America Corp DE grew its stake in shares of Neuberger Berman Short Duration Income ETF by 64.9% during the first quarter. Bank of America Corp DE now owns 1,185,945 shares of the company’s stock valued at $60,139,000 after buying an additional 466,842 shares during the last quarter. Finally, Clearstead Trust LLC bought a new position in shares of Neuberger Berman Short Duration Income ETF during the first quarter valued at about $587,000.

Neuberger Berman Short Duration Income ETF Stock Performance

NYSEARCA:NBSD traded up $0.01 during mid-day trading on Friday, reaching $50.58. The stock had a trading volume of 143,904 shares, compared to its average volume of 181,631. The firm has a 50 day moving average price of $50.67 and a two-hundred day moving average price of $50.94. Neuberger Berman Short Duration Income ETF has a one year low of $50.42 and a one year high of $51.57.

Neuberger Berman Short Duration Income ETF Company Profile

The Neuberger Berman Short Duration Income ETF (NBSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing broadly in the US fixed-income market. The fund seeks the highest available current income, and to a lesser extent, capital appreciation. NBSD was launched on Jun 21, 2010 and is issued by Neuberger Berman.