Neuberger Option Strategy ETF (NYSEARCA:NBOS) Sees Large Growth in Short Interest

Neuberger Option Strategy ETF (NYSEARCA:NBOS) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 397,988 shares, an increase of 187.3% from the August 31st total of 138,550 shares. Based on an average daily volume of 184,462 shares, the days-to-cover ratio is presently 2.2 days. Currently, 2.3% of the shares of the company are sold short.

Institutional Trading of Neuberger Option Strategy ETF

Several institutional investors have recently modified their holdings of the company. Capital Analysts LLC bought a new position in Neuberger Option Strategy ETF during the second quarter valued at about $100,000. Janney Montgomery Scott LLC raised its holdings in shares of Neuberger Option Strategy ETF by 26.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 38,050 shares of the company’s stock worth $1,018,000 after purchasing an additional 7,850 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Neuberger Option Strategy ETF during the second quarter valued at approximately $282,000. Compass Financial Management LLC acquired a new stake in shares of Neuberger Option Strategy ETF during the 2nd quarter valued at $130,000. Finally, Fortitude Advisory Group L.L.C. acquired a new position in shares of Neuberger Option Strategy ETF in the 2nd quarter valued at $319,000.

Neuberger Option Strategy ETF Trading Down 0.4%

NBOS traded down $0.12 on Friday, reaching $28.52. The company had a trading volume of 60,653 shares, compared to its average volume of 71,643. The company has a market capitalization of $566.12 million, a P/E ratio of 26.11 and a beta of 0.43. The company has a fifty day moving average of $28.42 and a 200-day moving average of $27.92. Neuberger Option Strategy ETF has a one year low of $26.07 and a one year high of $28.77.

Neuberger Option Strategy ETF Company Profile

The Neuberger Berman Option Strategy ETF (NBOS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that utilizes a cash-secured put writing strategy on US indices. The fund seeks long-term capital appreciation and income. NBOS was launched on Sep 16, 2016 and is issued by Neuberger Berman.