NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) Short Interest Down 32.0% in October

NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 8,700 shares, a drop of 32.0% from the September 30th total of 12,800 shares. Based on an average daily volume of 12,400 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the shares of the company are sold short. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 12,400 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in NEOS Enhanced Income Aggregate Bond ETF stock. Private Trust Co. NA purchased a new stake in NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,305 shares of the company’s stock, valued at approximately $205,000. Private Trust Co. NA owned 0.19% of NEOS Enhanced Income Aggregate Bond ETF at the end of the most recent quarter.

NEOS Enhanced Income Aggregate Bond ETF Trading Down 0.1%

NYSEARCA:BNDI traded down $0.05 on Monday, hitting $47.71. The company’s stock had a trading volume of 10,372 shares, compared to its average volume of 11,808. The stock has a fifty day moving average of $47.79 and a two-hundred day moving average of $47.16. The firm has a market capitalization of $113.55 million, a P/E ratio of 24.67 and a beta of 0.32. NEOS Enhanced Income Aggregate Bond ETF has a one year low of $44.93 and a one year high of $48.45.

NEOS Enhanced Income Aggregate Bond ETF Company Profile

The Neos Enhanced Income Aggregate Bond ETF (BNDI) is an exchange-traded fund that is based on the U.S. Aggregate Bond index. The fund is an actively managed fund that invests in a diversified portfolio of fixed income securities with varying maturities and credit ratings while utilizing a US large-cap put-spread strategy.