Short Interest in Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Drops By 80.5%

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 19,913 shares, a decrease of 80.5% from the April 30th total of 101,886 shares. Based on an average trading volume of 65,181 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Neuberger Berman Option Strategy ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Advisory Services Network LLC bought a new position in Neuberger Berman Option Strategy ETF during the third quarter valued at $27,000. NewEdge Advisors LLC bought a new position in Neuberger Berman Option Strategy ETF during the fourth quarter valued at $27,000. NBC Securities Inc. grew its holdings in Neuberger Berman Option Strategy ETF by 92.6% during the fourth quarter. NBC Securities Inc. now owns 1,117 shares of the company’s stock valued at $30,000 after purchasing an additional 537 shares during the period. CIBC Private Wealth Group LLC grew its holdings in Neuberger Berman Option Strategy ETF by 140,400.0% during the third quarter. CIBC Private Wealth Group LLC now owns 1,405 shares of the company’s stock valued at $38,000 after purchasing an additional 1,404 shares during the period. Finally, Raleigh Capital Management Inc. bought a new position in Neuberger Berman Option Strategy ETF during the fourth quarter valued at $44,000.

Neuberger Berman Option Strategy ETF Stock Performance

NYSEARCA NBOS traded up $0.06 on Friday, hitting $28.10. 601,862 shares of the stock traded hands, compared to its average volume of 50,962. The business’s fifty day moving average is $27.47 and its two-hundred day moving average is $27.36. Neuberger Berman Option Strategy ETF has a 12 month low of $25.34 and a 12 month high of $28.10. The firm has a market capitalization of $457.19 million, a price-to-earnings ratio of 26.11 and a beta of 0.44.

About Neuberger Berman Option Strategy ETF

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.