NEOS Enhanced Income 1-3 Month T-Bill ETF (NYSEARCA:CSHI) Short Interest Update

NEOS Enhanced Income 1-3 Month T-Bill ETF (NYSEARCA:CSHI) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 137,592 shares, a decline of 56.1% from the August 31st total of 313,334 shares. Based on an average daily trading volume, of 1,000,175 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.4% of the company’s stock are short sold.

Hedge Funds Weigh In On NEOS Enhanced Income 1-3 Month T-Bill ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Compass Financial Management LLC acquired a new position in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF during the 2nd quarter worth about $561,000. CoreCap Advisors LLC lifted its stake in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 10.9% during the 2nd quarter. CoreCap Advisors LLC now owns 25,920 shares of the company’s stock worth $1,291,000 after buying an additional 2,543 shares during the last quarter. Carter Financial Group INC. boosted its holdings in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 7.7% during the 1st quarter. Carter Financial Group INC. now owns 10,159 shares of the company’s stock worth $506,000 after buying an additional 727 shares during the period. Nations Financial Group Inc. IA ADV boosted its holdings in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 15.8% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 6,582 shares of the company’s stock worth $328,000 after buying an additional 900 shares during the period. Finally, Arax Advisory Partners grew its stake in NEOS Enhanced Income 1-3 Month T-Bill ETF by 6.1% in the 4th quarter. Arax Advisory Partners now owns 102,140 shares of the company’s stock valued at $5,054,000 after buying an additional 5,833 shares during the last quarter.

NEOS Enhanced Income 1-3 Month T-Bill ETF Stock Performance

Shares of NEOS Enhanced Income 1-3 Month T-Bill ETF stock remained flat at $49.70 during trading hours on Monday. 871,797 shares of the stock were exchanged, compared to its average volume of 521,223. The firm has a market cap of $1.88 billion, a PE ratio of 23.90 and a beta of 0.01. The business’s fifty day moving average is $49.73 and its 200 day moving average is $49.76. NEOS Enhanced Income 1-3 Month T-Bill ETF has a one year low of $49.55 and a one year high of $49.93.

About NEOS Enhanced Income 1-3 Month T-Bill ETF

The Neos Enhanced Income Cash Alternative ETF (CSHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in a portfolio of US ultra-short term Treasury bills while utilizing a combined with a US large-cap put spread futures strategy. CSHI was launched on Aug 30, 2022 and is managed by Neos.