NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) Sees Significant Increase in Short Interest

NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 18,022 shares, an increase of 605.9% from the May 14th total of 2,553 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 37,853 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of NEOS Enhanced Income Aggregate Bond ETF

A hedge fund recently bought a new stake in NEOS Enhanced Income Aggregate Bond ETF stock. FSA Advisors Inc. acquired a new stake in shares of NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 7,948 shares of the company’s stock, valued at approximately $375,000. FSA Advisors Inc. owned about 0.22% of NEOS Enhanced Income Aggregate Bond ETF at the end of the most recent quarter.

NEOS Enhanced Income Aggregate Bond ETF Price Performance

BNDI traded down $0.27 during trading on Wednesday, reaching $46.59. 32,266 shares of the stock traded hands, compared to its average volume of 26,763. The stock has a market cap of $166.79 million, a price-to-earnings ratio of 24.67 and a beta of 0.28. NEOS Enhanced Income Aggregate Bond ETF has a fifty-two week low of $46.33 and a fifty-two week high of $48.45. The stock’s 50-day simple moving average is $47.14 and its two-hundred day simple moving average is $47.43.

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.