Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Sees Large Decline in Short Interest

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 20,687 shares, a decline of 22.0% from the December 15th total of 26,534 shares. Based on an average daily volume of 34,613 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 34,613 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in NBOS. Osaic Holdings Inc. boosted its stake in Neuberger Berman Option Strategy ETF by 924.4% during the 2nd quarter. Osaic Holdings Inc. now owns 77,237 shares of the company’s stock valued at $1,977,000 after purchasing an additional 69,697 shares in the last quarter. Brown Advisory Inc. bought a new stake in shares of Neuberger Berman Option Strategy ETF in the 2nd quarter worth $1,410,000. Janney Montgomery Scott LLC raised its stake in shares of Neuberger Berman Option Strategy ETF by 64.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 27,305 shares of the company’s stock worth $711,000 after buying an additional 10,705 shares in the last quarter. B.O.S.S. Retirement Advisors LLC lifted its holdings in shares of Neuberger Berman Option Strategy ETF by 11.7% in the second quarter. B.O.S.S. Retirement Advisors LLC now owns 49,515 shares of the company’s stock valued at $1,289,000 after buying an additional 5,187 shares during the period. Finally, AE Wealth Management LLC boosted its stake in Neuberger Berman Option Strategy ETF by 21.0% during the second quarter. AE Wealth Management LLC now owns 448,840 shares of the company’s stock valued at $11,688,000 after buying an additional 78,050 shares in the last quarter.

Neuberger Berman Option Strategy ETF Trading Up 0.1%

NBOS traded up $0.03 on Friday, reaching $27.47. The company had a trading volume of 9,634 shares, compared to its average volume of 91,939. The company has a market capitalization of $460.67 million, a P/E ratio of 26.11 and a beta of 0.49. The company has a fifty day moving average of $27.18 and a 200-day moving average of $26.80. Neuberger Berman Option Strategy ETF has a one year low of $22.43 and a one year high of $27.92.

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.