Short Interest in Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Rises By 2,052.4%

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 753,835 shares, a growth of 2,052.4% from the June 30th total of 35,023 shares. Currently, 4.5% of the shares of the stock are short sold. Based on an average daily volume of 113,197 shares, the short-interest ratio is presently 6.7 days.

Institutional Investors Weigh In On Neuberger Berman Option Strategy ETF

Several hedge funds and other institutional investors have recently bought and sold shares of NBOS. Cary Street Partners Financial LLC purchased a new position in Neuberger Berman Option Strategy ETF during the fourth quarter worth about $20,973,000. CWM LLC increased its holdings in shares of 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 buying an additional 149,849 shares during the last quarter. Cary Street Partners Investment Advisory LLC acquired a new stake in shares of Neuberger Berman Option Strategy ETF during the 4th quarter worth approximately $1,199,000. Edge Financial Advisors LLC purchased a new stake in shares of Neuberger Berman Option Strategy ETF during the 4th quarter valued at approximately $649,000. Finally, Raymond James Financial Inc. raised its position in shares of Neuberger Berman Option Strategy ETF by 19.2% during the 2nd quarter. Raymond James Financial Inc. now owns 132,315 shares of the company’s stock valued at $3,445,000 after buying an additional 21,344 shares during the period.

Neuberger Berman Option Strategy ETF Trading Up 0.4%

NYSEARCA NBOS traded up $0.11 on Friday, reaching $28.12. 17,938 shares of the company were exchanged, compared to its average volume of 58,654. Neuberger Berman Option Strategy ETF has a fifty-two week low of $25.87 and a fifty-two week high of $28.36. The stock has a market capitalization of $469.60 million, a P/E ratio of 26.11 and a beta of 0.44. The business’s fifty day moving average price is $28.01 and its 200 day moving average price is $27.62.

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.