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

by · The Cerbat Gem

NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 18,022 shares, a growth of 605.9% from the May 14th total of 2,553 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 37,853 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On NEOS Enhanced Income Aggregate Bond ETF

An institutional investor recently raised its position in NEOS Enhanced Income Aggregate Bond ETF stock. Carter Financial Group INC. increased its position in shares of NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI – Free Report) by 3.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 99,917 shares of the company’s stock after buying an additional 3,602 shares during the quarter. NEOS Enhanced Income Aggregate Bond ETF comprises 2.9% of Carter Financial Group INC.’s investment portfolio, making the stock its 10th biggest holding. Carter Financial Group INC. owned about 2.79% of NEOS Enhanced Income Aggregate Bond ETF worth $4,716,000 at the end of the most recent quarter.

NEOS Enhanced Income Aggregate Bond ETF Trading Up 1.0%

NYSEARCA:BNDI traded up $0.46 during trading hours on Thursday, hitting $46.97. The company’s stock had a trading volume of 65,251 shares, compared to its average volume of 27,181. The stock has a market capitalization of $168.15 million, a P/E ratio of 24.67 and a beta of 0.28. The stock has a fifty day moving average of $47.13 and a 200-day moving average of $47.42. NEOS Enhanced Income Aggregate Bond ETF has a 52-week low of $46.33 and a 52-week high of $48.45.

NEOS Enhanced Income Aggregate Bond ETF Company Profile

(Get Free Report)

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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