NEOS Enhanced Income 1-3 Month T-Bill ETF (NYSEARCA:CSHI – Get Free Report) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 109,001 shares, a decline of 65.1% from the July 30th total of 312,742 shares. Based on an average daily volume of 637,688 shares, the short-interest ratio is currently 0.2 days. Approximately 0.4% of the company’s stock are short sold.
Hedge Funds Weigh In On NEOS Enhanced Income 1-3 Month T-Bill ETF
Hedge funds have recently modified their holdings of the stock. Nations Financial Group Inc. IA ADV raised its holdings in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 15.8% during the first quarter. Nations Financial Group Inc. IA ADV now owns 6,582 shares of the company’s stock worth $328,000 after acquiring an additional 900 shares in the last quarter. Carter Financial Group INC. increased its position in NEOS Enhanced Income 1-3 Month T-Bill ETF by 7.7% in the 1st quarter. Carter Financial Group INC. now owns 10,159 shares of the company’s stock worth $506,000 after purchasing an additional 727 shares during the last quarter. Compass Financial Management LLC purchased a new stake in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF during the 2nd quarter worth about $561,000. CoreCap Advisors LLC raised its stake in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 10.9% during the 2nd quarter. CoreCap Advisors LLC now owns 25,920 shares of the company’s stock worth $1,291,000 after purchasing an additional 2,543 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 34.8% during the 3rd quarter. NewEdge Advisors LLC now owns 72,067 shares of the company’s stock worth $3,583,000 after purchasing an additional 18,588 shares in the last quarter.
NEOS Enhanced Income 1-3 Month T-Bill ETF Trading Up 0.0%
CSHI stock traded up $0.01 during midday trading on Friday, reaching $49.75. The company had a trading volume of 528,506 shares, compared to its average volume of 482,983. NEOS Enhanced Income 1-3 Month T-Bill ETF has a 1 year low of $49.55 and a 1 year high of $49.93. The company has a market capitalization of $1.54 billion, a P/E ratio of 23.90 and a beta of 0.01. The company has a 50 day moving average of $49.77 and a two-hundred day moving average of $49.75.
NEOS Enhanced Income 1-3 Month T-Bill ETF Company Profile
The Neos Enhanced Income Cash Alternative ETF (CSHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in a portfolio of US ultra-short term Treasury bills while utilizing a combined with a US large-cap put spread futures strategy. CSHI was launched on Aug 30, 2022 and is managed by Neos.
Featured Articles
- Five stocks we like better than NEOS Enhanced Income 1-3 Month T-Bill ETF
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Receive News & Ratings for NEOS Enhanced Income 1-3 Month T-Bill ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEOS Enhanced Income 1-3 Month T-Bill ETF and related companies with MarketBeat.com's FREE daily email newsletter.
