NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) Short Interest Up 281.6% in January

NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 22,634 shares, an increase of 281.6% from the January 15th total of 5,931 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily volume of 24,779 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 24,779 shares, the short-interest ratio is presently 0.9 days. Approximately 0.6% of the shares of the stock are short sold.

Institutional Investors Weigh In On NEOS Enhanced Income Credit Select ETF

Several institutional investors and hedge funds have recently made changes to their positions in HYBI. Jane Street Group LLC grew its holdings in shares of NEOS Enhanced Income Credit Select ETF by 60.7% in the 4th quarter. Jane Street Group LLC now owns 22,949 shares of the company’s stock worth $1,155,000 after purchasing an additional 8,669 shares during the last quarter. Orion Porfolio Solutions LLC acquired a new position in NEOS Enhanced Income Credit Select ETF in the fourth quarter valued at about $351,000. Janney Montgomery Scott LLC acquired a new stake in shares of NEOS Enhanced Income Credit Select ETF during the fourth quarter worth approximately $735,000. Cerity Partners LLC raised its stake in shares of NEOS Enhanced Income Credit Select ETF by 5.6% in the fourth quarter. Cerity Partners LLC now owns 10,942 shares of the company’s stock valued at $551,000 after acquiring an additional 576 shares during the last quarter. Finally, Clearstead Advisors LLC raised its stake in shares of NEOS Enhanced Income Credit Select ETF by 6.7% in the fourth quarter. Clearstead Advisors LLC now owns 845,780 shares of the company’s stock valued at $42,564,000 after acquiring an additional 52,780 shares during the last quarter.

NEOS Enhanced Income Credit Select ETF Trading Down 0.1%

Shares of HYBI stock traded down $0.06 during trading hours on Thursday, hitting $50.07. The company had a trading volume of 16,810 shares, compared to its average volume of 22,983. NEOS Enhanced Income Credit Select ETF has a 12 month low of $46.95 and a 12 month high of $51.85. The firm’s fifty day moving average is $50.37 and its 200 day moving average is $50.48.

NEOS Enhanced Income Credit Select ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 13th. Shareholders of record on Wednesday, February 11th will be paid a dividend of $0.3379 per share. The ex-dividend date is Wednesday, February 11th.

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.