NEOS Russell 2000 High Income ETF (BATS:IWMI) Stock Short Interest Report for October

NEOS Russell 2000 High Income ETF (BATS:IWMI) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 151,736 shares, a growth of 404.8% from the September 30th total of 30,057 shares. Currently, 3.4% of the shares of the stock are short sold. Based on an average trading volume of 476,970 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in IWMI. Farther Finance Advisors LLC boosted its position in NEOS Russell 2000 High Income ETF by 13.1% in the third quarter. Farther Finance Advisors LLC now owns 131,481 shares of the company’s stock valued at $6,439,000 after buying an additional 15,198 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. acquired a new position in shares of NEOS Russell 2000 High Income ETF during the first quarter worth $2,307,000. FSA Advisors Inc. increased its holdings in shares of NEOS Russell 2000 High Income ETF by 36.2% during the first quarter. FSA Advisors Inc. now owns 20,566 shares of the company’s stock worth $975,000 after buying an additional 5,464 shares in the last quarter. NFSG Corp increased its holdings in shares of NEOS Russell 2000 High Income ETF by 6.5% during the third quarter. NFSG Corp now owns 19,593 shares of the company’s stock worth $959,000 after buying an additional 1,202 shares in the last quarter. Finally, Vima LLC bought a new position in shares of NEOS Russell 2000 High Income ETF in the 3rd quarter valued at $713,000.

NEOS Russell 2000 High Income ETF Stock Performance

Shares of IWMI opened at $49.14 on Thursday. NEOS Russell 2000 High Income ETF has a 52-week low of $45.64 and a 52-week high of $53.86. The firm has a market cap of $219.66 million and a price-to-earnings ratio of 16.20. The business’s fifty day moving average is $50.20 and its 200-day moving average is $50.80.

NEOS Russell 2000 High Income ETF Company Profile

The NEOS Russell 2000 High Income ETF (IWMI) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund-of-fund that seeks to generate income by investing in constituents of the Russell 2000 Index while also employing a call option strategy. IWMI was launched on Jun 25, 2024 and is issued by Neos.