Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Sees Large Drop in Short Interest

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOSGet Free Report) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 191,459 shares, a drop of 74.6% from the July 15th total of 753,835 shares. Currently, 1.1% of the shares of the company are sold short. Based on an average daily volume of 39,521 shares, the short-interest ratio is currently 4.8 days.

Neuberger Berman Option Strategy ETF Price Performance

NYSEARCA:NBOS traded up $0.10 during trading hours on Thursday, hitting $28.63. 24,595 shares of the company were exchanged, compared to its average volume of 65,600. Neuberger Berman Option Strategy ETF has a 52-week low of $26.07 and a 52-week high of $28.63. The stock has a market capitalization of $496.73 million, a price-to-earnings ratio of 26.11 and a beta of 0.43. The company’s 50 day moving average price is $28.09 and its 200-day moving average price is $27.70.

Institutional Investors Weigh In On Neuberger Berman Option Strategy ETF

A number of large investors have recently made changes to their positions in NBOS. Advisory Services Network LLC purchased a new position in Neuberger Berman Option Strategy ETF in the 3rd quarter worth $27,000. NewEdge Advisors LLC purchased a new stake in Neuberger Berman Option Strategy ETF during the 4th quarter valued at about $27,000. NBC Securities Inc. increased its holdings in shares of Neuberger Berman Option Strategy ETF by 92.6% in the fourth quarter. NBC Securities Inc. now owns 1,117 shares of the company’s stock valued at $30,000 after purchasing an additional 537 shares during the period. CIBC Private Wealth Group LLC raised its stake in shares of 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 worth $38,000 after purchasing an additional 1,404 shares during the last quarter. Finally, Royal Bank of Canada acquired a new stake in shares of Neuberger Berman Option Strategy ETF during the first quarter worth about $77,000.

About Neuberger Berman Option Strategy ETF

(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.

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