Short Interest in Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Grows By 194.3%

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 91,290 shares, an increase of 194.3% from the January 15th total of 31,022 shares. Based on an average daily volume of 49,725 shares, the short-interest ratio is currently 1.8 days. Currently, 0.6% of the shares of the stock are sold short. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 49,725 shares, the short-interest ratio is currently 1.8 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Cary Street Partners Financial LLC acquired a new position in shares of Neuberger Berman Option Strategy ETF in the fourth quarter worth $20,973,000. LPL Financial LLC grew its stake in Neuberger Berman Option Strategy ETF by 2.2% in the fourth quarter. LPL Financial LLC now owns 583,856 shares of the company’s stock valued at $15,922,000 after purchasing an additional 12,761 shares in the last quarter. AE Wealth Management LLC grew its stake in Neuberger Berman Option Strategy ETF by 3.9% in the fourth quarter. AE Wealth Management LLC now owns 501,511 shares of the company’s stock valued at $13,676,000 after purchasing an additional 18,747 shares in the last quarter. CWM LLC increased its position in Neuberger Berman Option Strategy ETF by 914.2% in the 4th quarter. CWM LLC now owns 166,240 shares of the company’s stock worth $4,533,000 after purchasing an additional 149,849 shares during the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of Neuberger Berman Option Strategy ETF by 19.2% during the 2nd quarter. Raymond James Financial Inc. now owns 132,315 shares of the company’s stock worth $3,445,000 after purchasing an additional 21,344 shares in the last quarter.

Neuberger Berman Option Strategy ETF Trading Down 0.1%

Shares of NYSEARCA NBOS traded down $0.03 during mid-day trading on Friday, reaching $27.32. The company had a trading volume of 27,354 shares, compared to its average volume of 65,385. The company has a 50-day moving average price of $27.37 and a two-hundred day moving average price of $26.97. The stock has a market cap of $435.75 million, a PE ratio of 26.11 and a beta of 0.49. Neuberger Berman Option Strategy ETF has a 1-year low of $22.43 and a 1-year high of $27.92.

Neuberger Berman Option Strategy ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Tuesday, January 27th were paid a dividend of $0.2004 per share. The ex-dividend date of this dividend was Tuesday, January 27th. This represents a c) dividend on an annualized basis and a yield of 8.8%.

Neuberger Berman 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.