NEOS S&P 500 Hedged Equity Income ETF (BATS:SPYH – Get Free Report) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 14,087 shares, a growth of 442.6% from the April 15th total of 2,596 shares. Approximately 23.5% of the company’s shares are short sold. Based on an average daily volume of 7,750 shares, the short-interest ratio is presently 1.8 days.
Institutional Investors Weigh In On NEOS S&P 500 Hedged Equity Income ETF
A hedge fund recently bought a new stake in NEOS S&P 500 Hedged Equity Income ETF stock. Sound Income Strategies LLC purchased a new stake in shares of NEOS S&P 500 Hedged Equity Income ETF (BATS:SPYH – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,825 shares of the company’s stock, valued at approximately $102,000. Sound Income Strategies LLC owned 3.04% of NEOS S&P 500 Hedged Equity Income ETF at the end of the most recent reporting period.
NEOS S&P 500 Hedged Equity Income ETF Trading Up 0.5%
Shares of SPYH opened at $56.33 on Friday. The firm’s 50-day moving average price is $54.28 and its 200-day moving average price is $54.90. The firm has a market capitalization of $3.38 million and a price-to-earnings ratio of 25.19. NEOS S&P 500 Hedged Equity Income ETF has a 1-year low of $50.17 and a 1-year high of $56.36.
About NEOS S&P 500 Hedged Equity Income ETF
NEOS ETF Trust – NEOS S&P 500 Hedged Equity Income ETF is an exchange traded fund launched and managed by NEOS Investment Management, LLC. It invests in public equity markets of the United States. The fund invests directly and through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as options to create its portfolio. The fund invests in growth and value stocks of large-cap companies. The fund employs proprietary research to create its portfolio. NEOS ETF Trust – NEOS S&P 500 Hedged Equity Income ETF is domiciled in the United States.
Read More
- Five stocks we like better than NEOS S&P 500 Hedged Equity Income ETF
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Receive News & Ratings for NEOS S&P 500 Hedged Equity Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEOS S&P 500 Hedged Equity Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
