NEOS Russell 2000 High Income ETF (BATS:IWMI) Stock Short Interest Report for October

NEOS Russell 2000 High Income ETF (BATS:IWMI) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 151,736 shares, a growth of 404.8% from the September 30th total of 30,057 shares. Based on an average daily trading volume, of 476,970 shares, the days-to-cover ratio is presently 0.3 days. Currently, 3.4% of the shares of the stock are sold short.

NEOS Russell 2000 High Income ETF Stock Up 0.9%

Shares of BATS IWMI opened at $48.96 on Wednesday. NEOS Russell 2000 High Income ETF has a 12-month low of $45.64 and a 12-month high of $53.86. The firm’s 50-day simple moving average is $50.28 and its 200 day simple moving average is $50.80. The company has a market cap of $218.85 million and a price-to-earnings ratio of 16.20.

Hedge Funds Weigh In On NEOS Russell 2000 High Income ETF

A number of large investors have recently modified their holdings of the stock. Marshall & Sterling Wealth Advisors Inc. bought a new stake in shares of NEOS Russell 2000 High Income ETF during the first quarter valued at approximately $2,307,000. Farther Finance Advisors LLC raised its position in NEOS Russell 2000 High Income ETF by 13.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 131,481 shares of the company’s stock worth $6,439,000 after purchasing an additional 15,198 shares during the last quarter. Vima LLC bought a new position in NEOS Russell 2000 High Income ETF in the 3rd quarter worth approximately $713,000. FSA Advisors Inc. lifted its holdings in NEOS Russell 2000 High Income ETF by 36.2% during the 1st quarter. FSA Advisors Inc. now owns 20,566 shares of the company’s stock worth $975,000 after buying an additional 5,464 shares in the last quarter. Finally, Oakworth Capital Inc. acquired a new position in NEOS Russell 2000 High Income ETF during the 3rd quarter worth $245,000.

About NEOS Russell 2000 High Income ETF

The NEOS Russell 2000 High Income ETF (IWMI) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund-of-fund that seeks to generate income by investing in constituents of the Russell 2000 Index while also employing a call option strategy. IWMI was launched on Jun 25, 2024 and is issued by Neos.