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

Neuberger Growth ETF (NYSEARCA:NBGX) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 20 shares, a growth of 1,900.0% from the October 15th total of 1 shares. Based on an average daily volume of 1,090 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Trading of Neuberger Growth ETF

An institutional investor recently raised its position in Neuberger Growth ETF stock. Royal Bank of Canada grew its stake in Neuberger Growth ETF (NYSEARCA:NBGX) by 5,018.2% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 25,898 shares of the company’s stock after acquiring an additional 25,392 shares during the period. Royal Bank of Canada owned about 5.18% of Neuberger Growth ETF worth $659,000 as of its most recent filing with the SEC.

Neuberger Growth ETF Stock Down 0.6%

NBGX traded down $0.16 during trading on Tuesday, reaching $28.65. The company had a trading volume of 1,265 shares, compared to its average volume of 415. Neuberger Growth ETF has a 52 week low of $24.60 and a 52 week high of $31.00. The stock has a market cap of $14.32 million, a P/E ratio of 26.93 and a beta of 1.23. The business has a 50 day simple moving average of $29.82 and a 200-day simple moving average of $28.64.

Neuberger Growth ETF Company Profile

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.