Short Interest in NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) Rises By 75.5%

NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 38,088 shares, an increase of 75.5% from the July 15th total of 21,702 shares. Based on an average trading volume of 22,145 shares, the short-interest ratio is currently 1.7 days. Approximately 1.0% of the shares of the stock are sold short.

NEOS Enhanced Income Aggregate Bond ETF Stock Down 0.1%

Shares of NYSEARCA:BNDI traded down $0.04 during trading on Monday, reaching $46.26. 18,310 shares of the company traded hands, compared to its average volume of 27,234. The company’s 50 day moving average is $46.71 and its two-hundred day moving average is $47.11. The firm has a market capitalization of $184.58 million, a PE ratio of 24.67 and a beta of 0.28. NEOS Enhanced Income Aggregate Bond ETF has a 52 week low of $46.20 and a 52 week high of $48.45.

Institutional Investors Weigh In On NEOS Enhanced Income Aggregate Bond ETF

An institutional investor recently raised its position in NEOS Enhanced Income Aggregate Bond ETF stock. Carter Financial Group INC. boosted its position in shares of NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) by 3.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 99,917 shares of the company’s stock after buying an additional 3,602 shares during the period. NEOS Enhanced Income Aggregate Bond ETF makes up approximately 2.9% of Carter Financial Group INC.’s investment portfolio, making the stock its 10th largest position. Carter Financial Group INC. owned about 2.79% of NEOS Enhanced Income Aggregate Bond ETF worth $4,716,000 at the end of the most recent reporting period.

NEOS Enhanced Income Aggregate Bond ETF Company Profile

The Neos Enhanced Income Aggregate Bond ETF (BNDI) is an exchange-traded fund that is based on the U.S. Aggregate Bond index. The fund is an actively managed fund that invests in a diversified portfolio of fixed income securities with varying maturities and credit ratings while utilizing a US large-cap put-spread strategy. BNDI was launched on Aug 30, 2022 and is managed by Neos.