NEOS Enhanced Income 1-3 Month T-Bill ETF (NYSEARCA:CSHI) Short Interest Update

NEOS Enhanced Income 1-3 Month T-Bill ETF (NYSEARCA:CSHI) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 93,357 shares, a decrease of 63.0% from the May 14th total of 252,601 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 535,085 shares, the days-to-cover ratio is currently 0.2 days.

NEOS Enhanced Income 1-3 Month T-Bill ETF Stock Up 0.1%

Shares of CSHI traded up $0.03 during trading hours on Friday, reaching $49.69. 435,721 shares of the company traded hands, compared to its average volume of 439,326. The company’s fifty day moving average price is $49.81 and its two-hundred day moving average price is $49.74. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 23.90 and a beta of 0.01. NEOS Enhanced Income 1-3 Month T-Bill ETF has a 12 month low of $49.55 and a 12 month high of $49.94.

Institutional Investors Weigh In On NEOS Enhanced Income 1-3 Month T-Bill ETF

A number of large investors have recently modified their holdings of CSHI. Nations Financial Group Inc. IA ADV boosted its stake in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 15.8% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 6,582 shares of the company’s stock valued at $328,000 after purchasing an additional 900 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF during the 4th quarter valued at about $379,000. Carter Financial Group INC. boosted its stake in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 7.7% during the 1st quarter. Carter Financial Group INC. now owns 10,159 shares of the company’s stock valued at $506,000 after purchasing an additional 727 shares in the last quarter. CoreCap Advisors LLC boosted its stake in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 13.6% during the 4th quarter. CoreCap Advisors LLC now owns 20,996 shares of the company’s stock valued at $1,044,000 after purchasing an additional 2,514 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in NEOS Enhanced Income 1-3 Month T-Bill ETF by 34.8% in the third quarter. NewEdge Advisors LLC now owns 72,067 shares of the company’s stock worth $3,583,000 after purchasing an additional 18,588 shares in the last quarter.

NEOS Enhanced Income 1-3 Month T-Bill ETF Company Profile

The Neos Enhanced Income Cash Alternative ETF (CSHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in a portfolio of US ultra-short term Treasury bills while utilizing a combined with a US large-cap put spread futures strategy. CSHI was launched on Aug 30, 2022 and is managed by Neos.