Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Short Interest Update

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 126,885 shares, an increase of 337.7% from the May 31st total of 28,989 shares. Based on an average daily volume of 90,292 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.8% of the company’s shares are short sold.

Neuberger Berman Option Strategy ETF Stock Performance

NYSEARCA NBOS traded down $0.19 on Friday, reaching $27.58. 66,571 shares of the stock traded hands, compared to its average volume of 55,817. Neuberger Berman Option Strategy ETF has a 12 month low of $25.87 and a 12 month high of $28.23. The company has a market cap of $448.73 million, a price-to-earnings ratio of 26.11 and a beta of 0.44. The company has a fifty day moving average price of $27.84 and a 200-day moving average price of $27.49.

Institutional Trading of Neuberger Berman Option Strategy ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. CWM LLC grew its holdings in Neuberger Berman Option Strategy ETF by 914.2% during the 4th quarter. CWM LLC now owns 166,240 shares of the company’s stock worth $4,533,000 after acquiring an additional 149,849 shares in the last quarter. Key Capital Management INC purchased a new position in Neuberger Berman Option Strategy ETF during the fourth quarter valued at approximately $580,000. Cary Street Partners Investment Advisory LLC bought a new position in Neuberger Berman Option Strategy ETF in the fourth quarter worth approximately $1,199,000. Edge Financial Advisors LLC bought a new position in Neuberger Berman Option Strategy ETF in the fourth quarter worth approximately $649,000. Finally, Cary Street Partners Financial LLC purchased a new stake in Neuberger Berman Option Strategy ETF during the fourth quarter worth $20,973,000.

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.