Short Interest in Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Decreases By 72.4%

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 35,023 shares, a decline of 72.4% from the June 15th total of 126,885 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 68,266 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Advisory Services Network LLC purchased a new stake in shares of Neuberger Berman Option Strategy ETF during the 3rd quarter worth approximately $27,000. NewEdge Advisors LLC bought a new stake in shares of Neuberger Berman Option Strategy ETF in the 4th quarter worth approximately $27,000. NBC Securities Inc. lifted its stake in Neuberger Berman Option Strategy ETF by 92.6% in 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 last quarter. CIBC Private Wealth Group LLC lifted its stake in Neuberger Berman Option Strategy ETF by 140,400.0% in 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 last quarter. 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 Up 0.2%

NBOS traded up $0.05 during trading on Friday, hitting $28.25. 26,793 shares of the company traded hands, compared to its average volume of 56,389. Neuberger Berman Option Strategy ETF has a one year low of $25.87 and a one year high of $28.25. The stock’s fifty day moving average is $27.95 and its 200 day moving average is $27.56. The firm has a market cap of $449.74 million, a P/E ratio of 26.11 and a beta of 0.44.

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.