Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Short Interest Update

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 753,835 shares, a growth of 2,052.4% from the June 30th total of 35,023 shares. Currently, 4.5% of the shares of the company are short sold. Based on an average daily volume of 113,197 shares, the short-interest ratio is presently 6.7 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. NBC Securities Inc. lifted its holdings in Neuberger Berman Option Strategy ETF by 92.6% in the fourth quarter. NBC Securities Inc. now owns 1,117 shares of the company’s stock valued at $30,000 after acquiring an additional 537 shares during the period. Advisory Services Network LLC acquired a new stake in shares of Neuberger Berman Option Strategy ETF during the 3rd quarter worth approximately $27,000. NewEdge Advisors LLC purchased a new position in shares of Neuberger Berman Option Strategy ETF during the 4th quarter valued at approximately $27,000. Envestnet Asset Management Inc. increased its holdings in shares of Neuberger Berman Option Strategy ETF by 8.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 15,386 shares of the company’s stock valued at $413,000 after purchasing an additional 1,135 shares in the last quarter. Finally, CIBC Private Wealth Group LLC increased its holdings in shares of Neuberger Berman Option Strategy ETF by 140,400.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,405 shares of the company’s stock valued at $38,000 after purchasing an additional 1,404 shares in the last quarter.

Neuberger Berman Option Strategy ETF Trading Up 0.4%

Shares of NYSEARCA NBOS traded up $0.11 during trading on Friday, reaching $28.12. 17,938 shares of the company traded hands, compared to its average volume of 58,654. The firm’s fifty day simple moving average is $28.01 and its 200 day simple moving average is $27.62. The stock has a market cap of $469.60 million, a P/E ratio of 26.11 and a beta of 0.44. Neuberger Berman Option Strategy ETF has a 12-month low of $25.87 and a 12-month high of $28.36.

About Neuberger Berman Option Strategy ETF

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.