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

NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 19,809 shares, a decrease of 36.0% from the August 31st total of 30,962 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 35,589 shares, the short-interest ratio is currently 0.6 days.

NEOS Enhanced Income Aggregate Bond ETF Stock Performance

NEOS Enhanced Income Aggregate Bond ETF stock traded up $0.00 during mid-day trading on Friday, reaching $45.01. The stock had a trading volume of 8,812 shares, compared to its average volume of 27,899. The firm has a market capitalization of $189.95 million, a PE ratio of 24.67 and a beta of 0.28. NEOS Enhanced Income Aggregate Bond ETF has a fifty-two week low of $44.75 and a fifty-two week high of $48.45. The stock’s 50-day simple moving average is $46.03 and its 200-day simple moving average is $46.67.

Institutional Trading of 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 holdings in NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) by 3.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 99,917 shares of the company’s stock after buying an additional 3,602 shares during the period. NEOS Enhanced Income Aggregate Bond ETF comprises about 2.9% of Carter Financial Group INC.’s holdings, making the stock its 10th largest position. Carter Financial Group INC. owned approximately 2.79% of NEOS Enhanced Income Aggregate Bond ETF worth $4,716,000 at the end of the most recent quarter.

About NEOS Enhanced Income Aggregate Bond ETF

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.