Short Interest in Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Expands By 41.0%

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 14,100 shares, an increase of 41.0% from the September 30th total of 10,000 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 62,700 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 62,700 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Neuberger Berman Option Strategy ETF Stock Down 0.6%

NBOS traded down $0.15 during trading on Tuesday, reaching $27.03. The company’s stock had a trading volume of 48,033 shares, compared to its average volume of 66,638. The company has a market cap of $454.61 million, a price-to-earnings ratio of 26.11 and a beta of 0.49. The firm has a fifty day simple moving average of $26.81 and a two-hundred day simple moving average of $26.14. Neuberger Berman Option Strategy ETF has a 1 year low of $22.43 and a 1 year high of $27.38.

Hedge Funds Weigh In On Neuberger Berman Option Strategy ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NBOS. Concurrent Investment Advisors LLC acquired a new stake in Neuberger Berman Option Strategy ETF during the first quarter worth about $201,000. Truist Financial Corp lifted its holdings in Neuberger Berman Option Strategy ETF by 12.0% in the third quarter. Truist Financial Corp now owns 11,220 shares of the company’s stock valued at $301,000 after acquiring an additional 1,205 shares during the last quarter. LifeWealth Investments LLC lifted its holdings in Neuberger Berman Option Strategy ETF by 41.4% in the second quarter. LifeWealth Investments LLC now owns 14,574 shares of the company’s stock valued at $380,000 after acquiring an additional 4,265 shares during the last quarter. CWM LLC purchased a new position in Neuberger Berman Option Strategy ETF in the third quarter worth approximately $440,000. Finally, Simplicity Wealth LLC acquired a new stake in Neuberger Berman Option Strategy ETF during the second quarter worth $644,000.

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.