NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) Short Interest Up 66.5% in March

NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) was the recipient of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 19,075 shares, an increase of 66.5% from the February 26th total of 11,458 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 33,567 shares, the days-to-cover ratio is presently 0.6 days.

NEOS Enhanced Income Aggregate Bond ETF Price Performance

BNDI traded down $0.14 during trading hours on Friday, reaching $46.57. The company’s stock had a trading volume of 23,957 shares, compared to its average volume of 24,450. The stock has a market cap of $138.31 million, a PE ratio of 24.67 and a beta of 0.32. NEOS Enhanced Income Aggregate Bond ETF has a fifty-two week low of $44.93 and a fifty-two week high of $48.45. The business’s 50-day moving average is $47.49 and its 200-day moving average is $47.68.

Hedge Funds Weigh In On NEOS Enhanced Income Aggregate Bond ETF

A hedge fund recently bought a new stake in NEOS Enhanced Income Aggregate Bond ETF stock. Carter Financial Group INC. purchased a new position in shares of NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 87,319 shares of the company’s stock, valued at approximately $4,133,000. NEOS Enhanced Income Aggregate Bond ETF accounts for 2.7% of Carter Financial Group INC.’s investment portfolio, making the stock its 9th biggest holding. Carter Financial Group INC. owned about 4.26% of NEOS Enhanced Income Aggregate Bond ETF as of its most recent filing with the Securities and Exchange Commission.

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.