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

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

Neuberger Berman Short Duration Income ETF Stock Performance

Shares of NBSD traded up $0.01 during mid-day trading on Friday, reaching $50.58. 143,904 shares of the company’s stock traded hands, compared to its average volume of 181,631. The business’s 50-day moving average price is $50.67 and its 200-day moving average price is $50.94. Neuberger Berman Short Duration Income ETF has a 12 month low of $50.42 and a 12 month high of $51.57.

Institutional Trading of Neuberger Berman Short Duration Income ETF

Hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC acquired a new position in Neuberger Berman Short Duration Income ETF during the 1st quarter worth $722,000. Raymond James Financial Inc. increased its holdings in shares of Neuberger Berman Short Duration Income ETF by 41.0% during the second quarter. Raymond James Financial Inc. now owns 399,669 shares of the company’s stock valued at $20,359,000 after purchasing an additional 116,155 shares during the period. Jane Street Group LLC acquired a new position in shares of Neuberger Berman Short Duration Income ETF during the second quarter valued at $1,752,000. Envestnet Asset Management Inc. acquired a new position in shares of Neuberger Berman Short Duration Income ETF during the third quarter valued at $280,000. Finally, Comerica Bank bought a new stake in shares of Neuberger Berman Short Duration Income ETF during the third quarter valued at about $102,000.

About Neuberger Berman 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.