Neuberger Option Strategy ETF (NYSEARCA:NBOS) Shares Shorted: Short Interest Down 67.0% in September

by · The Markets Daily

Neuberger Option Strategy ETF (NYSEARCA:NBOS – Get Free Report) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 131,206 shares, a drop of 67.0% from the September 15th total of 397,988 shares. Based on an average trading volume of 90,295 shares, the short-interest ratio is currently 1.5 days. Approximately 0.7% of the shares of the stock are short sold.

Hedge Funds Weigh In On Neuberger Option Strategy ETF

Several institutional investors and hedge funds have recently made changes to their positions in NBOS. Janney Montgomery Scott LLC lifted its stake in Neuberger Option Strategy ETF by 26.0% in the first quarter. Janney Montgomery Scott LLC now owns 38,050 shares of the company’s stock worth $1,018,000 after purchasing an additional 7,850 shares during the last quarter. Fortitude Advisory Group L.L.C. purchased a new stake in Neuberger Option Strategy ETF during the second quarter valued at about $319,000. Integrated Wealth Concepts LLC purchased a new stake in Neuberger Option Strategy ETF during the second quarter valued at about $282,000. Compass Financial Management LLC bought a new position in shares of Neuberger Option Strategy ETF during the second quarter valued at about $130,000. Finally, Capital Analysts LLC bought a new position in shares of Neuberger Option Strategy ETF during the second quarter valued at about $100,000.

Neuberger Option Strategy ETF Trading Down 0.2%

Shares of NBOS stock traded down $0.06 during trading hours on Tuesday, hitting $28.76. 20,826 shares of the company’s stock were exchanged, compared to its average volume of 72,088. The company has a market capitalization of $578.08 million, a PE ratio of 26.11 and a beta of 0.43. Neuberger Option Strategy ETF has a 12-month low of $26.07 and a 12-month high of $29.00. The business’s 50 day simple moving average is $28.54 and its 200-day simple moving average is $28.05.

Neuberger Option Strategy ETF Company Profile

(Get Free Report)

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.

See Also