NEOS S&P 500 Hedged Equity Income ETF (BATS:SPYH) Short Interest Down 79.7% in June

NEOS S&P 500 Hedged Equity Income ETF (BATS:SPYHGet Free Report) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 5,481 shares, a decline of 79.7% from the June 15th total of 27,037 shares. Currently, 9.1% of the shares of the company are short sold. Based on an average daily volume of 14,571 shares, the days-to-cover ratio is currently 0.4 days.

NEOS S&P 500 Hedged Equity Income ETF Stock Performance

Shares of SPYH opened at $56.32 on Monday. NEOS S&P 500 Hedged Equity Income ETF has a fifty-two week low of $51.56 and a fifty-two week high of $56.67. The company has a market capitalization of $3.38 million and a price-to-earnings ratio of 25.19. The firm has a 50-day simple moving average of $55.89 and a 200-day simple moving average of $55.16.

Institutional Trading of NEOS S&P 500 Hedged Equity Income ETF

An institutional investor recently raised its position in NEOS S&P 500 Hedged Equity Income ETF stock. Sound Income Strategies LLC boosted its stake in shares of NEOS S&P 500 Hedged Equity Income ETF (BATS:SPYHFree Report) by 339.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,015 shares of the company’s stock after acquiring an additional 6,190 shares during the quarter. Sound Income Strategies LLC owned about 13.36% of NEOS S&P 500 Hedged Equity Income ETF worth $424,000 as of its most recent filing with the Securities and Exchange Commission.

About NEOS S&P 500 Hedged Equity Income ETF

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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.

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