Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Short Interest Up 337.7% in June

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 126,885 shares, a growth of 337.7% from the May 31st total of 28,989 shares. Based on an average trading volume of 90,292 shares, the short-interest ratio is currently 1.4 days. Currently, 0.8% of the company’s shares are sold short.

Institutional Trading of Neuberger Berman Option Strategy ETF

A number of large investors have recently bought and sold shares of NBOS. Cary Street Partners Financial LLC acquired a new position in shares of Neuberger Berman Option Strategy ETF in the 4th quarter valued at about $20,973,000. CWM LLC increased its holdings in Neuberger Berman Option Strategy ETF by 914.2% in the fourth quarter. CWM LLC now owns 166,240 shares of the company’s stock worth $4,533,000 after purchasing an additional 149,849 shares in the last quarter. Cary Street Partners Investment Advisory LLC acquired a new position in Neuberger Berman Option Strategy ETF in the fourth quarter valued at approximately $1,199,000. Edge Financial Advisors LLC acquired a new position in Neuberger Berman Option Strategy ETF in the fourth quarter valued at approximately $649,000. Finally, Raymond James Financial Inc. boosted its holdings in shares of Neuberger Berman Option Strategy ETF by 19.2% during the 2nd quarter. Raymond James Financial Inc. now owns 132,315 shares of the company’s stock worth $3,445,000 after buying an additional 21,344 shares in the last quarter.

Neuberger Berman Option Strategy ETF Stock Down 0.7%

Neuberger Berman Option Strategy ETF stock traded down $0.19 during mid-day trading on Friday, hitting $27.58. 66,571 shares of the stock were exchanged, compared to its average volume of 55,817. The stock has a market capitalization of $448.73 million, a price-to-earnings ratio of 26.11 and a beta of 0.44. Neuberger Berman Option Strategy ETF has a 12 month low of $25.87 and a 12 month high of $28.23. The firm’s fifty day simple moving average is $27.84 and its two-hundred day simple moving average is $27.49.

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.