Neuberger Short Duration Income ETF (NYSEARCA:NBSD) Stock Short Interest Declines 85.2%

Neuberger Short Duration Income ETF (NYSEARCA:NBSD) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 9,411 shares, a decline of 85.2% from the August 31st total of 63,730 shares. Based on an average trading volume of 436,393 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Neuberger Short Duration Income ETF Trading Down 0.4%

Shares of Neuberger Short Duration Income ETF stock traded down $0.20 during trading hours on Friday, reaching $49.91. The stock had a trading volume of 273,156 shares, compared to its average volume of 206,863. The stock’s 50 day moving average is $50.49 and its 200 day moving average is $50.65. Neuberger Short Duration Income ETF has a twelve month low of $49.86 and a twelve month high of $51.57.

Hedge Funds Weigh In On Neuberger Short Duration Income ETF

Large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its position in shares of Neuberger Short Duration Income ETF by 64.9% during the first quarter. Bank of America Corp DE now owns 1,185,945 shares of the company’s stock worth $60,139,000 after purchasing an additional 466,842 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of Neuberger Short Duration Income ETF by 4.7% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 406,288 shares of the company’s stock valued at $20,520,000 after acquiring an additional 18,391 shares during the last quarter. Round Rock Advisors LLC grew its holdings in shares of Neuberger Short Duration Income ETF by 3.8% in the second quarter. Round Rock Advisors LLC now owns 257,509 shares of the company’s stock valued at $13,006,000 after purchasing an additional 9,318 shares during the period. Convergence Financial LLC increased its position in Neuberger Short Duration Income ETF by 5.9% during the fourth quarter. Convergence Financial LLC now owns 235,953 shares of the company’s stock worth $12,077,000 after purchasing an additional 13,142 shares during the last quarter. Finally, Robinson Smith Wealth Advisors LLC increased its position in Neuberger Short Duration Income ETF by 10.8% during the first quarter. Robinson Smith Wealth Advisors LLC now owns 110,652 shares of the company’s stock worth $5,611,000 after purchasing an additional 10,802 shares during the last quarter.

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.