Short Interest in Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Increases By 194.3%

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) was the target of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 91,290 shares, an increase of 194.3% from the January 15th total of 31,022 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 49,725 shares, the days-to-cover ratio is presently 1.8 days. Based on an average daily volume of 49,725 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.6% of the company’s stock are short sold.

Neuberger Berman Option Strategy ETF Stock Performance

NBOS opened at $27.63 on Thursday. The company has a market cap of $440.71 million, a PE ratio of 26.11 and a beta of 0.49. The stock has a 50-day moving average of $27.36 and a 200-day moving average of $26.96. Neuberger Berman Option Strategy ETF has a 52-week low of $22.43 and a 52-week high of $27.92.

Neuberger Berman Option Strategy ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 27th were given a dividend of $0.2004 per share. This represents a c) annualized dividend and a dividend yield of 8.7%. The ex-dividend date was Tuesday, January 27th.

Hedge Funds Weigh In On Neuberger Berman Option Strategy ETF

Several large investors have recently made changes to their positions in NBOS. Advisory Services Network LLC bought a new stake in shares of Neuberger Berman Option Strategy ETF during the 3rd quarter valued at $27,000. NBC Securities Inc. increased its holdings in Neuberger Berman Option Strategy ETF by 92.6% during the 4th quarter. NBC Securities Inc. now owns 1,117 shares of the company’s stock worth $30,000 after purchasing an additional 537 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of Neuberger Berman Option Strategy ETF by 140,400.0% in the 3rd 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. Raleigh Capital Management Inc. bought a new stake in shares of Neuberger Berman Option Strategy ETF in the fourth quarter valued at about $44,000. Finally, Smartleaf Asset Management LLC acquired a new position in shares of Neuberger Berman Option Strategy ETF during the third quarter worth about $62,000.

Neuberger Berman 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.