Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Short Interest Update

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) was the recipient of a large decrease in short interest in the month of March. As of March 31st, there was short interest totaling 28,433 shares, a decrease of 27.3% from the March 15th total of 39,120 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 28,291 shares, the short-interest ratio is presently 1.0 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Advisory Services Network LLC acquired a new stake in shares of Neuberger Berman Option Strategy ETF during the third quarter worth $27,000. NewEdge Advisors LLC purchased a new position in shares of Neuberger Berman Option Strategy ETF in the fourth quarter worth approximately $27,000. NBC Securities Inc. boosted its stake 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 worth $30,000 after purchasing an additional 537 shares during the period. CIBC Private Wealth Group LLC lifted its holdings in shares of Neuberger Berman Option Strategy ETF by 140,400.0% in the third quarter. CIBC Private Wealth Group LLC now owns 1,405 shares of the company’s stock valued at $38,000 after purchasing an additional 1,404 shares in the last quarter. Finally, Raleigh Capital Management Inc. acquired a new position in Neuberger Berman Option Strategy ETF during the fourth quarter valued at $44,000.

Neuberger Berman Option Strategy ETF Price Performance

Shares of NBOS stock traded up $0.17 during midday trading on Friday, reaching $27.57. 4,935 shares of the company traded hands, compared to its average volume of 43,606. The firm’s 50 day simple moving average is $27.26 and its two-hundred day simple moving average is $27.19. Neuberger Berman Option Strategy ETF has a 1-year low of $23.97 and a 1-year high of $27.92. The firm has a market cap of $449.94 million, a PE ratio of 26.11 and a beta of 0.48.

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 paid 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.

Neuberger Berman Option Strategy ETF Company Profile

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.