NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) Short Interest Down 43.1% in April

NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI – Get Free Report) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 16,001 shares, a decrease of 43.1% from the April 15th total of 28,118 shares. Based on an average trading volume of 20,234 shares, the short-interest ratio is currently 0.8 days. Currently, 0.4% of the shares of the stock are short sold.

NEOS Enhanced Income Credit Select ETF Stock Performance

Shares of NEOS Enhanced Income Credit Select ETF stock traded down $0.28 on Friday, reaching $49.09. 66,284 shares of the stock were exchanged, compared to its average volume of 23,743. The firm’s 50 day moving average is $49.58 and its 200-day moving average is $50.07. NEOS Enhanced Income Credit Select ETF has a one year low of $49.08 and a one year high of $51.17.

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NEOS Enhanced Income Credit Select ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, May 15th. Stockholders of record on Wednesday, May 13th were issued a dividend of $0.3329 per share. The ex-dividend date of this dividend was Wednesday, May 13th.

Institutional Trading of NEOS Enhanced Income Credit Select ETF

A number of institutional investors and hedge funds have recently made changes to their positions in HYBI. Aptus Capital Advisors LLC bought a new stake in shares of NEOS Enhanced Income Credit Select ETF during the 3rd quarter worth approximately $145,000. World Equity Group Inc. bought a new stake in shares of NEOS Enhanced Income Credit Select ETF during the 1st quarter worth approximately $217,000. Focus Partners Wealth lifted its holdings in shares of NEOS Enhanced Income Credit Select ETF by 20.3% during the 3rd quarter. Focus Partners Wealth now owns 4,776 shares of the company’s stock worth $242,000 after acquiring an additional 806 shares during the period. CWM LLC lifted its holdings in shares of NEOS Enhanced Income Credit Select ETF by 350.8% during the 4th quarter. CWM LLC now owns 5,112 shares of the company’s stock worth $257,000 after acquiring an additional 3,978 shares during the period. Finally, Orion Porfolio Solutions LLC bought a new stake in shares of NEOS Enhanced Income Credit Select ETF during the 4th quarter worth approximately $351,000.

NEOS Enhanced Income Credit Select ETF Company Profile

(Get Free Report)

The NEOS Enhanced Income Credit Select ETF (HYBI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds, investing in US bonds via ETFs and using S&P 500 put options for tax-efficient monthly income. The fund seeks to balance investments in high-yield and investment-grade securities, aiming for total return. HYBI was launched on Sep 30, 2024 and is issued by Neos.

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