Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Sees Significant Drop in Short Interest

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 35,023 shares, a decrease of 72.4% from the June 15th total of 126,885 shares. Based on an average daily volume of 68,266 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Trading of Neuberger Berman Option Strategy ETF

A number of institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada purchased a new position in Neuberger Berman Option Strategy ETF during the first quarter worth $77,000. Janney Montgomery Scott LLC lifted its holdings in shares of Neuberger Berman Option Strategy ETF by 26.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 38,050 shares of the company’s stock worth $1,018,000 after acquiring an additional 7,850 shares during the last quarter. NewEdge Advisors LLC bought a new stake in shares of Neuberger Berman Option Strategy ETF in the 4th quarter worth about $27,000. OLD Mission Capital LLC boosted its stake in shares of Neuberger Berman Option Strategy ETF by 89.2% during the 4th quarter. OLD Mission Capital LLC now owns 26,252 shares of the company’s stock worth $716,000 after purchasing an additional 12,374 shares during the period. Finally, MML Investors Services LLC boosted its stake in shares of Neuberger Berman Option Strategy ETF by 3.2% during the 4th quarter. MML Investors Services LLC now owns 615,147 shares of the company’s stock worth $16,775,000 after purchasing an additional 19,119 shares during the period.

Neuberger Berman Option Strategy ETF Price Performance

Shares of NYSEARCA:NBOS traded up $0.05 during trading on Tuesday, hitting $28.23. The company had a trading volume of 626,030 shares, compared to its average volume of 60,422. The stock has a market cap of $449.42 million, a price-to-earnings ratio of 26.11 and a beta of 0.44. The company has a fifty day simple moving average of $27.96 and a two-hundred day simple moving average of $27.56. Neuberger Berman Option Strategy ETF has a one year low of $25.87 and a one year high of $28.25.

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.