NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) Sees Large Decrease in Short Interest

NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 8,310 shares, a decline of 58.0% from the September 15th total of 19,809 shares. Based on an average trading volume of 35,707 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the shares of the company are short sold.

NEOS Enhanced Income Aggregate Bond ETF Stock Up 0.1%

NYSEARCA BNDI traded up $0.03 during trading hours on Tuesday, hitting $45.16. 36,439 shares of the stock were exchanged, compared to its average volume of 27,967. The company has a market cap of $190.58 million, a price-to-earnings ratio of 24.67 and a beta of 0.28. NEOS Enhanced Income Aggregate Bond ETF has a 12-month low of $44.73 and a 12-month high of $48.45. The stock has a 50-day moving average of $45.83 and a 200 day moving average of $46.57.

Hedge Funds Weigh In On NEOS Enhanced Income Aggregate Bond ETF

A hedge fund recently bought a new stake in NEOS Enhanced Income Aggregate Bond ETF stock. FSA Advisors Inc. purchased a new stake in NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 7,948 shares of the company’s stock, valued at approximately $375,000. FSA Advisors Inc. owned 0.22% of NEOS Enhanced Income Aggregate Bond ETF at the end of the most recent reporting period.

About NEOS Enhanced Income Aggregate Bond ETF

The Neos Enhanced Income Aggregate Bond ETF (BNDI) is an exchange-traded fund that is based on the U.S. Aggregate Bond index. The fund is an actively managed fund that invests in a diversified portfolio of fixed income securities with varying maturities and credit ratings while utilizing a US large-cap put-spread strategy. BNDI was launched on Aug 30, 2022 and is managed by Neos.