NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) Sees Significant Drop in Short Interest

by · The Cerbat Gem

NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI – Get Free Report) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 2,553 shares, a drop of 88.4% from the April 30th total of 22,077 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 31,654 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On NEOS Enhanced Income Aggregate Bond ETF

A hedge fund recently raised its stake in NEOS Enhanced Income Aggregate Bond ETF stock. Carter Financial Group INC. raised its stake in shares of NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI – Free Report) by 6.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 96,315 shares of the company’s stock after buying an additional 5,899 shares during the period. NEOS Enhanced Income Aggregate Bond ETF comprises approximately 2.7% of Carter Financial Group INC.’s holdings, making the stock its 10th largest position. Carter Financial Group INC. owned approximately 3.24% of NEOS Enhanced Income Aggregate Bond ETF worth $4,581,000 at the end of the most recent reporting period.

NEOS Enhanced Income Aggregate Bond ETF Stock Performance

Shares of BNDI traded up $0.05 on Friday, hitting $47.16. 49,095 shares of the stock traded hands, compared to its average volume of 26,537. The company has a market capitalization of $168.83 million, a PE ratio of 24.67 and a beta of 0.28. The business has a 50 day simple moving average of $47.12 and a 200 day simple moving average of $47.47. NEOS Enhanced Income Aggregate Bond ETF has a one year low of $46.33 and a one year high of $48.45.

About NEOS Enhanced Income Aggregate Bond ETF

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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.

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