Short Interest in Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Declines By 46.8%

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) was the target of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 48,607 shares, a drop of 46.8% from the January 29th total of 91,290 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 46,344 shares, the short-interest ratio is presently 1.0 days. Based on an average trading volume of 46,344 shares, the short-interest ratio is presently 1.0 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Advisory Services Network LLC purchased a new stake in shares of Neuberger Berman Option Strategy ETF in the third quarter valued at $27,000. NewEdge Advisors LLC acquired a new stake in Neuberger Berman Option Strategy ETF in the 4th quarter worth about $27,000. NBC Securities Inc. grew its holdings in Neuberger Berman Option Strategy ETF by 92.6% in the 4th quarter. NBC Securities Inc. now owns 1,117 shares of the company’s stock valued at $30,000 after buying an additional 537 shares during the period. CIBC Private Wealth Group LLC increased its stake 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 acquiring an additional 1,404 shares during the last quarter. Finally, Raleigh Capital Management Inc. acquired a new position in shares of Neuberger Berman Option Strategy ETF during the 4th quarter valued at about $44,000.

Neuberger Berman Option Strategy ETF Trading Up 0.1%

Shares of NBOS stock opened at $27.56 on Monday. The firm has a 50-day moving average price of $27.44 and a 200 day moving average price of $27.07. Neuberger Berman Option Strategy ETF has a twelve month low of $22.43 and a twelve month high of $27.92. The company has a market capitalization of $439.58 million, a price-to-earnings ratio of 26.11 and a beta of 0.49.

Neuberger Berman Option Strategy ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th were given a $0.1863 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date of this dividend was Tuesday, February 24th.

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.