Neuberger Option Strategy ETF (NYSEARCA:NBOS) Shares Shorted: Short Interest Up 187.3% in September

Neuberger Option Strategy ETF (NYSEARCA:NBOS) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 397,988 shares, a growth of 187.3% from the August 31st total of 138,550 shares. Based on an average daily trading volume, of 184,462 shares, the short-interest ratio is currently 2.2 days. Approximately 2.3% of the company’s shares are sold short.

Neuberger Option Strategy ETF Stock Performance

Shares of NBOS stock traded down $0.12 on Friday, hitting $28.52. The company had a trading volume of 60,653 shares, compared to its average volume of 71,643. Neuberger Option Strategy ETF has a twelve month low of $26.07 and a twelve month high of $28.77. The firm has a market cap of $566.12 million, a P/E ratio of 26.11 and a beta of 0.43. The stock’s 50-day moving average is $28.42 and its two-hundred day moving average is $27.92.

Institutional Trading of Neuberger Option Strategy ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fortitude Advisory Group L.L.C. acquired a new position in shares of Neuberger Option Strategy ETF in the 2nd quarter worth approximately $319,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Neuberger Option Strategy ETF during the 2nd quarter worth approximately $282,000. Janney Montgomery Scott LLC grew its position in shares of Neuberger Option Strategy ETF by 26.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 38,050 shares of the company’s stock worth $1,018,000 after buying an additional 7,850 shares during the period. Compass Financial Management LLC bought a new stake in shares of Neuberger Option Strategy ETF in the 2nd quarter valued at $130,000. Finally, Capital Analysts LLC bought a new stake in shares of Neuberger Option Strategy ETF in the 2nd quarter valued at $100,000.

Neuberger 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.