NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) Sees Large Growth in Short Interest

NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) was the target of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 30,393 shares, an increase of 130.9% from the October 15th total of 13,165 shares. Based on an average daily volume of 22,276 shares, the short-interest ratio is currently 1.4 days. Approximately 0.7% of the shares of the company are short sold.

Institutional Trading of NEOS Enhanced Income Aggregate Bond ETF

An institutional investor recently bought a new stake in NEOS Enhanced Income Aggregate Bond ETF stock. FSA Advisors Inc. purchased a new stake in shares of NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) in the first quarter, according to its most recent 13F filing with the SEC. The fund purchased 7,948 shares of the company’s stock, valued at approximately $375,000. FSA Advisors Inc. owned approximately 0.22% of NEOS Enhanced Income Aggregate Bond ETF at the end of the most recent reporting period.

NEOS Enhanced Income Aggregate Bond ETF Price Performance

Shares of NYSEARCA BNDI opened at $44.99 on Friday. The stock has a market capitalization of $191.21 million, a PE ratio of 24.67 and a beta of 0.27. NEOS Enhanced Income Aggregate Bond ETF has a one year low of $44.73 and a one year high of $48.13. The business’s fifty day moving average price is $45.39 and its 200-day moving average price is $46.62.

About NEOS Enhanced Income Aggregate Bond ETF

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.