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

Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 40,354 shares, a growth of 1,506.4% from the June 30th total of 2,512 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 236,666 shares, the days-to-cover ratio is presently 0.2 days.

Neuberger Berman Short Duration Income ETF Price Performance

Shares of NYSEARCA NBSD traded up $0.01 during mid-day trading on Friday, hitting $50.58. The stock had a trading volume of 180,621 shares, compared to its average volume of 180,954. The company has a 50 day moving average of $50.64 and a two-hundred day moving average of $50.90. Neuberger Berman Short Duration Income ETF has a twelve month low of $50.42 and a twelve month high of $51.57.

Institutional Trading of Neuberger Berman Short Duration Income ETF

Several large investors have recently added to or reduced their stakes in the company. Comerica Bank increased its holdings in shares of Neuberger Berman Short Duration Income ETF by 40.0% in the fourth quarter. Comerica Bank now owns 2,800 shares of the company’s stock valued at $143,000 after purchasing an additional 800 shares during the period. Western Wealth Management LLC purchased a new stake in Neuberger Berman Short Duration Income ETF in the first quarter valued at approximately $46,000. MGO One Seven LLC increased its holdings in Neuberger Berman Short Duration Income ETF by 20.7% in the 4th quarter. MGO One Seven LLC now owns 6,717 shares of the company’s stock worth $344,000 after buying an additional 1,153 shares during the period. Manchester Financial Inc. increased its holdings in Neuberger Berman Short Duration Income ETF by 3.6% in the 4th quarter. Manchester Financial Inc. now owns 36,005 shares of the company’s stock worth $1,843,000 after buying an additional 1,237 shares during the period. Finally, IHT Wealth Management LLC raised its position in Neuberger Berman Short Duration Income ETF by 20.0% during the 4th quarter. IHT Wealth Management LLC now owns 8,546 shares of the company’s stock worth $437,000 after buying an additional 1,424 shares during the last quarter.

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.