Neuberger Berman Growth ETF (NYSEARCA:NBGX) Sees Large Growth in Short Interest

Neuberger Berman Growth ETF (NYSEARCA:NBGX) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 11 shares, a growth of 1,000.0% from the June 15th total of 1 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 647 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Neuberger Berman Growth ETF

An institutional investor recently raised its stake in Neuberger Berman Growth ETF stock. Royal Bank of Canada lifted its stake in shares of Neuberger Berman Growth ETF (NYSEARCA:NBGX) by 5,018.2% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 25,898 shares of the company’s stock after buying an additional 25,392 shares during the quarter. Royal Bank of Canada owned about 5.18% of Neuberger Berman Growth ETF worth $659,000 as of its most recent SEC filing.

Neuberger Berman Growth ETF Stock Performance

NBGX traded up $0.13 during trading hours on Friday, reaching $29.66. The company’s stock had a trading volume of 48 shares, compared to its average volume of 360. The company’s 50-day moving average is $29.26 and its 200-day moving average is $27.89. Neuberger Berman Growth ETF has a 52 week low of $24.60 and a 52 week high of $30.07. The firm has a market cap of $14.83 million, a PE ratio of 36.12 and a beta of 1.22.

About Neuberger Berman Growth ETF

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.