Neuberger Option Strategy ETF (NYSEARCA:NBOS – Get Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 131,206 shares, a decrease of 67.0% from the September 15th total of 397,988 shares. Based on an average trading volume of 90,295 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.7% of the company’s shares are sold short.
Neuberger Option Strategy ETF Stock Down 0.2%
Shares of NBOS stock traded down $0.07 during trading hours on Wednesday, hitting $28.69. 48,767 shares of the company’s stock traded hands, compared to its average volume of 71,970. The stock’s 50 day simple moving average is $28.55 and its 200 day simple moving average is $28.07. The stock has a market cap of $576.67 million, a PE ratio of 26.11 and a beta of 0.43. Neuberger Option Strategy ETF has a 12 month low of $26.07 and a 12 month high of $29.00.
Institutional Trading of Neuberger Option Strategy ETF
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada acquired a new position in Neuberger Option Strategy ETF during the 1st quarter worth about $77,000. Capital Analysts LLC acquired a new stake in shares of Neuberger Option Strategy ETF in the second quarter valued at about $100,000. Compass Financial Management LLC acquired a new stake in shares of Neuberger Option Strategy ETF in the second quarter valued at about $130,000. Janney Montgomery Scott LLC raised its position in shares of Neuberger Option Strategy ETF by 26.0% during the first quarter. Janney Montgomery Scott LLC now owns 38,050 shares of the company’s stock worth $1,018,000 after acquiring an additional 7,850 shares during the last quarter. Finally, Integrated Wealth Concepts LLC bought a new position in shares of Neuberger Option Strategy ETF during the second quarter worth about $282,000.
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.
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