Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Sees Large Decrease in Short Interest

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 19,913 shares, a decrease of 80.5% from the April 30th total of 101,886 shares. Based on an average daily trading volume, of 65,181 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Neuberger Berman Option Strategy ETF Stock Up 0.1%

NBOS opened at $27.97 on Thursday. The company’s 50-day moving average price is $27.43 and its 200 day moving average price is $27.35. Neuberger Berman Option Strategy ETF has a fifty-two week low of $25.34 and a fifty-two week high of $28.08. The firm has a market cap of $455.07 million, a price-to-earnings ratio of 26.11 and a beta of 0.44.

Hedge Funds Weigh In On Neuberger Berman Option Strategy ETF

Several institutional investors have recently made changes to their positions in NBOS. NBC Securities Inc. lifted its holdings in shares of Neuberger Berman Option Strategy ETF by 92.6% in the 4th quarter. NBC Securities Inc. now owns 1,117 shares of the company’s stock worth $30,000 after purchasing an additional 537 shares during the last quarter. Advisory Services Network LLC acquired a new position in Neuberger Berman Option Strategy ETF during the 3rd quarter valued at approximately $27,000. NewEdge Advisors LLC acquired a new position in Neuberger Berman Option Strategy ETF during the 4th quarter valued at approximately $27,000. Envestnet Asset Management Inc. grew its stake in Neuberger Berman Option Strategy ETF by 8.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 15,386 shares of the company’s stock worth $413,000 after buying an additional 1,135 shares during the last quarter. Finally, Truist Financial Corp grew its stake in Neuberger Berman Option Strategy ETF by 12.0% during the 3rd quarter. Truist Financial Corp now owns 11,220 shares of the company’s stock worth $301,000 after buying an additional 1,205 shares during the last quarter.

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.