Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Short Interest Update

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 126,885 shares, a growth of 337.7% from the May 31st total of 28,989 shares. Based on an average trading volume of 90,292 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.8% of the company’s stock are sold short.

Institutional Trading of Neuberger Berman Option Strategy ETF

Several hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. lifted its position in shares of Neuberger Berman Option Strategy ETF by 19.2% during the second quarter. Raymond James Financial Inc. now owns 132,315 shares of the company’s stock valued at $3,445,000 after buying an additional 21,344 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Neuberger Berman Option Strategy ETF by 8.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 15,386 shares of the company’s stock worth $413,000 after acquiring an additional 1,135 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Neuberger Berman Option Strategy ETF by 37.4% during the third quarter. JPMorgan Chase & Co. now owns 13,280 shares of the company’s stock valued at $357,000 after acquiring an additional 3,613 shares during the last quarter. Advisory Services Network LLC purchased a new stake in Neuberger Berman Option Strategy ETF during the third quarter valued at approximately $27,000. Finally, CIBC Private Wealth Group LLC boosted its stake in Neuberger Berman Option Strategy ETF by 140,400.0% in the third quarter. CIBC Private Wealth Group LLC now owns 1,405 shares of the company’s stock valued at $38,000 after acquiring an additional 1,404 shares in the last quarter.

Neuberger Berman Option Strategy ETF Stock Down 0.7%

Shares of NYSEARCA NBOS traded down $0.19 during mid-day trading on Friday, reaching $27.58. 66,571 shares of the company were exchanged, compared to its average volume of 55,817. The stock has a market cap of $448.73 million, a price-to-earnings ratio of 26.11 and a beta of 0.44. Neuberger Berman Option Strategy ETF has a 1 year low of $25.87 and a 1 year high of $28.23. The firm has a 50-day moving average of $27.84 and a 200 day moving average of $27.49.

Neuberger Berman Option Strategy ETF Company Profile

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.