Short Interest in NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) Drops By 58.7%

NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 7,052 shares, a decrease of 58.7% from the November 30th total of 17,077 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 19,234 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 19,234 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Trading of NEOS Enhanced Income Credit Select ETF

Large investors have recently added to or reduced their stakes in the business. Bessemer Group Inc. bought a new position in shares of NEOS Enhanced Income Credit Select ETF during the 2nd quarter valued at $760,000. Tectonic Advisors LLC acquired a new position in NEOS Enhanced Income Credit Select ETF during the second quarter worth $202,000. CWM LLC acquired a new position in NEOS Enhanced Income Credit Select ETF during the second quarter worth $56,000. Brookwood Investment Group LLC raised its holdings in NEOS Enhanced Income Credit Select ETF by 138.8% during the second quarter. Brookwood Investment Group LLC now owns 12,905 shares of the company’s stock valued at $651,000 after buying an additional 7,501 shares in the last quarter. Finally, World Equity Group Inc. lifted its position in shares of NEOS Enhanced Income Credit Select ETF by 6.8% in the third quarter. World Equity Group Inc. now owns 4,582 shares of the company’s stock worth $232,000 after buying an additional 290 shares during the last quarter.

NEOS Enhanced Income Credit Select ETF Trading Down 0.0%

Shares of NASDAQ:HYBI traded down $0.01 during trading on Friday, reaching $50.31. 26,119 shares of the company traded hands, compared to its average volume of 17,862. The firm has a fifty day simple moving average of $50.39 and a 200 day simple moving average of $50.49. NEOS Enhanced Income Credit Select ETF has a 1-year low of $46.95 and a 1-year high of $51.85.

NEOS Enhanced Income Credit Select ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were issued a $0.3382 dividend. The ex-dividend date was Wednesday, December 24th.

NEOS Enhanced Income Credit Select ETF Company Profile

The NEOS Enhanced Income Credit Select ETF (HYBI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds, investing in US bonds via ETFs and using S&P 500 put options for tax-efficient monthly income. The fund seeks to balance investments in high-yield and investment-grade securities, aiming for total return. HYBI was launched on Sep 30, 2024 and is issued by Neos.