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

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 191,459 shares, a decline of 74.6% from the July 15th total of 753,835 shares. Based on an average trading volume of 39,521 shares, the short-interest ratio is presently 4.8 days. Currently, 1.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Neuberger Berman Option Strategy ETF

Several hedge funds have recently added to or reduced their stakes in the business. Cary Street Partners Financial LLC acquired a new stake in shares of Neuberger Berman Option Strategy ETF during the 4th quarter worth approximately $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 valued at $4,533,000 after purchasing an additional 149,849 shares in the last quarter. Cary Street Partners Investment Advisory LLC acquired a new position in shares of Neuberger Berman Option Strategy ETF in the 4th quarter valued at $1,199,000. Edge Financial Advisors LLC acquired a new position in shares of Neuberger Berman Option Strategy ETF in the 4th quarter valued at $649,000. Finally, Raymond James Financial Inc. boosted its holdings in Neuberger Berman Option Strategy ETF by 19.2% during the second quarter. Raymond James Financial Inc. now owns 132,315 shares of the company’s stock worth $3,445,000 after buying an additional 21,344 shares in the last quarter.

Neuberger Berman Option Strategy ETF Trading Up 0.4%

Shares of NBOS stock traded up $0.10 during trading hours on Thursday, hitting $28.63. The company’s stock had a trading volume of 24,595 shares, compared to its average volume of 65,600. The stock has a market cap of $496.73 million, a PE ratio of 26.11 and a beta of 0.43. Neuberger Berman Option Strategy ETF has a 12-month low of $26.07 and a 12-month high of $28.63. The company has a 50 day moving average of $28.09 and a 200 day moving average of $27.70.

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.