Neuberger Short Duration Income ETF (NYSEARCA:NBSD – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 126,216 shares, a growth of 1,241.2% from the September 15th total of 9,411 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 525,497 shares, the short-interest ratio is currently 0.2 days.
Hedge Funds Weigh In On Neuberger Short Duration Income ETF
A number of hedge funds have recently modified their holdings of NBSD. Bank of America Corp DE lifted its holdings in Neuberger Short Duration Income ETF by 64.9% in the 1st quarter. Bank of America Corp DE now owns 1,185,945 shares of the company’s stock worth $60,139,000 after buying an additional 466,842 shares during the period. YHB Investment Advisors Inc. purchased a new position in shares of Neuberger Short Duration Income ETF during the third quarter valued at approximately $6,257,000. Rubicon Advisors GP purchased a new position in shares of Neuberger Short Duration Income ETF during the fourth quarter valued at approximately $4,092,000. Main Street Financial Solutions LLC raised its holdings in shares of Neuberger Short Duration Income ETF by 387.7% during the fourth quarter. Main Street Financial Solutions LLC now owns 48,369 shares of the company’s stock valued at $2,476,000 after acquiring an additional 38,452 shares in the last quarter. Finally, Private Advisor Group LLC lifted its stake in Neuberger Short Duration Income ETF by 115.2% in the first quarter. Private Advisor Group LLC now owns 53,308 shares of the company’s stock worth $2,703,000 after acquiring an additional 28,531 shares during the period.
Neuberger Short Duration Income ETF Stock Performance
Shares of NYSEARCA:NBSD traded up $0.02 during trading on Friday, reaching $50.01. 638,123 shares of the company traded hands, compared to its average volume of 226,891. Neuberger Short Duration Income ETF has a 52-week low of $49.80 and a 52-week high of $51.57. The business’s fifty day moving average is $50.35 and its 200-day moving average is $50.58.
About Neuberger Short Duration Income ETF
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.
Further Reading
- Five stocks we like better than Neuberger Short Duration Income ETF
- 3 Unique ETFs With Strong Momentum for the End of the Year
- 3 Beaten-Down Biotech Stocks With Triple-Digit Upside and Big Catalysts Ahead
- Schneider Just Paid Up for PTC—Is the SaaSpocalypse Overdone?
- Delta Air Lines Faces a Fuel Crisis—But There’s a Silver Lining
Receive News & Ratings for Neuberger Short Duration Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neuberger Short Duration Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
