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

Neuberger Growth ETF (NYSEARCA:NBGX) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 7 shares, an increase of 75.0% from the August 15th total of 4 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 43 shares, the short-interest ratio is presently 0.2 days.

Neuberger Growth ETF Stock Down 0.1%

NBGX stock traded down $0.04 during mid-day trading on Wednesday, hitting $29.20. The company had a trading volume of 13 shares, compared to its average volume of 378. The company has a 50-day moving average price of $29.51 and a 200 day moving average price of $28.52. Neuberger Growth ETF has a 12-month low of $24.60 and a 12-month high of $30.41. The company has a market capitalization of $29.17 million, a price-to-earnings ratio of 36.12 and a beta of 1.23.

Hedge Funds Weigh In On Neuberger Growth ETF

A hedge fund recently raised its position in Neuberger Growth ETF stock. Royal Bank of Canada grew its position in Neuberger Growth ETF (NYSEARCA:NBGX) by 5,018.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,898 shares of the company’s stock after acquiring an additional 25,392 shares during the quarter. Royal Bank of Canada owned 5.18% of Neuberger Growth ETF worth $659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Neuberger 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.