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

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 126,885 shares, an increase of 337.7% from the May 31st total of 28,989 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily volume of 90,292 shares, the days-to-cover ratio is presently 1.4 days.

Hedge Funds Weigh In On Neuberger Berman Option Strategy ETF

A number of institutional investors have recently modified their holdings of NBOS. Royal Bank of Canada purchased a new position in shares of Neuberger Berman Option Strategy ETF during the first quarter valued at approximately $77,000. Janney Montgomery Scott LLC raised its holdings in Neuberger Berman Option Strategy ETF by 26.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 38,050 shares of the company’s stock valued at $1,018,000 after acquiring an additional 7,850 shares during the last quarter. NewEdge Advisors LLC acquired a new position in Neuberger Berman Option Strategy ETF in the 4th quarter valued at $27,000. OLD Mission Capital LLC raised its holdings in Neuberger Berman Option Strategy ETF by 89.2% in the 4th quarter. OLD Mission Capital LLC now owns 26,252 shares of the company’s stock valued at $716,000 after acquiring an additional 12,374 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in shares of Neuberger Berman Option Strategy ETF by 3.2% during the 4th quarter. MML Investors Services LLC now owns 615,147 shares of the company’s stock worth $16,775,000 after purchasing an additional 19,119 shares during the period.

Neuberger Berman Option Strategy ETF Stock Performance

Shares of NBOS stock opened at $27.58 on Monday. The company has a market capitalization of $448.73 million, a price-to-earnings ratio of 26.11 and a beta of 0.44. The firm has a 50-day moving average price of $27.84 and a 200 day moving average price of $27.49. Neuberger Berman Option Strategy ETF has a twelve month low of $25.87 and a twelve month high of $28.23.

About Neuberger Berman Option Strategy ETF

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.