Neuberger Berman China Equity ETF (NYSEARCA:NBCE) Short Interest Up 151.2% in May

Neuberger Berman China Equity ETF (NYSEARCA:NBCE) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 12,878 shares, an increase of 151.2% from the April 30th total of 5,126 shares. Approximately 2.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,192 shares, the days-to-cover ratio is presently 10.8 days.

Neuberger Berman China Equity ETF Stock Down 2.9%

Neuberger Berman China Equity ETF stock traded down $1.22 during mid-day trading on Monday, hitting $40.86. The company’s stock had a trading volume of 1,162 shares, compared to its average volume of 1,810. The stock has a market capitalization of $17.98 million, a P/E ratio of 15.84 and a beta of 0.42. Neuberger Berman China Equity ETF has a twelve month low of $26.09 and a twelve month high of $42.36. The stock’s fifty day moving average price is $37.92 and its two-hundred day moving average price is $35.77.

About Neuberger Berman China Equity ETF

The Neuberger Berman China Equity ETF (NBCE) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, concentrated, all-cap portfolio of China-A share companies and equity-related securities. The fund also incorporates ESG factors as part of its screening process NBCE was launched on Jul 17, 2013 and is issued by Neuberger Berman.