Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) Sees Significant Decrease in Short Interest

Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 15,321 shares, a decrease of 62.0% from the July 15th total of 40,354 shares. Based on an average daily trading volume, of 150,640 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Neuberger Berman Short Duration Income ETF Price Performance

Shares of NBSD stock opened at $50.70 on Friday. Neuberger Berman Short Duration Income ETF has a fifty-two week low of $50.38 and a fifty-two week high of $51.57. The stock’s 50-day simple moving average is $50.60 and its 200-day simple moving average is $50.83.

Institutional Investors Weigh In On Neuberger Berman Short Duration Income ETF

Large investors have recently bought and sold shares of the company. Western Wealth Management LLC acquired a new stake in Neuberger Berman Short Duration Income ETF during the first quarter worth about $46,000. Comerica Bank purchased a new position in Neuberger Berman Short Duration Income ETF in the 3rd quarter valued at approximately $102,000. NWF Advisory Services Inc. acquired a new stake in Neuberger Berman Short Duration Income ETF in the 4th quarter valued at about $205,000. Fifth Third Bancorp acquired a new position in shares of Neuberger Berman Short Duration Income ETF during the first quarter worth $205,000. Finally, Magnolia Capital Advisors LLC purchased a new stake in shares of Neuberger Berman Short Duration Income ETF during the 4th quarter worth approximately $205,000.

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.