Neuberger Short Duration Income ETF (NYSEARCA:NBSD) Stock Short Interest Report for September

Neuberger Short Duration Income ETF (NYSEARCA:NBSD) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 126,216 shares, a growth of 1,241.2% from the September 15th total of 9,411 shares. Based on an average daily trading volume, of 525,497 shares, the short-interest ratio is presently 0.2 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Investors Weigh In On Neuberger Short Duration Income ETF

Institutional investors have recently made changes to their positions in the stock. Western Wealth Management LLC bought a new stake in Neuberger Short Duration Income ETF in the first quarter valued at about $46,000. NWF Advisory Services Inc. acquired a new position in shares of Neuberger Short Duration Income ETF during the 4th quarter worth about $205,000. Fifth Third Bancorp bought a new stake in shares of Neuberger Short Duration Income ETF in the 1st quarter valued at about $205,000. Kintra Wealth LLC bought a new stake in shares of Neuberger Short Duration Income ETF in the 2nd quarter valued at about $226,000. Finally, Kraft Davis & Associates LLC raised its position in shares of Neuberger Short Duration Income ETF by 77.6% in the 2nd quarter. Kraft Davis & Associates LLC now owns 11,387 shares of the company’s stock valued at $575,000 after acquiring an additional 4,976 shares during the period.

Neuberger Short Duration Income ETF Price Performance

NBSD stock traded up $0.02 during midday trading on Friday, reaching $50.01. The company’s stock had a trading volume of 638,123 shares, compared to its average volume of 226,891. The business’s 50-day simple moving average is $50.35 and its 200-day simple moving average is $50.58. Neuberger Short Duration Income ETF has a 52 week low of $49.80 and a 52 week high of $51.57.

About Neuberger 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.