NEOS Enhanced Income 1-3 Month T-Bill ETF (NYSEARCA:CSHI) Sees Unusually-High Trading Volume – What’s Next?

Shares of NEOS Enhanced Income 1-3 Month T-Bill ETF (NYSEARCA:CSHIGet Free Report) saw an uptick in trading volume on Wednesday . 151,056 shares changed hands during mid-day trading, a decline of 14% from the previous session’s volume of 174,741 shares.The stock last traded at $49.6850 and had previously closed at $49.84.

NEOS Enhanced Income 1-3 Month T-Bill ETF Trading Down 0.3%

The company’s fifty day moving average is $49.78 and its 200 day moving average is $49.78. The company has a market cap of $688.99 million, a P/E ratio of 23.90 and a beta of 0.02.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC bought a new stake in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF in the 2nd quarter valued at about $121,000. Moloney Securities Asset Management LLC bought a new stake in NEOS Enhanced Income 1-3 Month T-Bill ETF in the third quarter valued at approximately $317,000. Carter Financial Group INC. bought a new stake in NEOS Enhanced Income 1-3 Month T-Bill ETF in the second quarter valued at approximately $476,000. CoreCap Advisors LLC boosted its stake in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 4.4% during the third quarter. CoreCap Advisors LLC now owns 18,482 shares of the company’s stock valued at $919,000 after purchasing an additional 787 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 161.2% during the first quarter. NewEdge Advisors LLC now owns 54,764 shares of the company’s stock valued at $2,718,000 after purchasing an additional 33,799 shares during the period.

NEOS Enhanced Income 1-3 Month T-Bill ETF Company Profile

(Get Free Report)

The Neos Enhanced Income Cash Alternative ETF (CSHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in a portfolio of US ultra-short term Treasury bills while utilizing a combined with a US large-cap put spread futures strategy. CSHI was launched on Aug 30, 2022 and is managed by Neos.

Further Reading

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