Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Short Interest Down 72.4% in June

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 35,023 shares, a drop of 72.4% from the June 15th total of 126,885 shares. Based on an average daily volume of 68,266 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On Neuberger Berman Option Strategy ETF

Several institutional investors have recently bought and sold shares of NBOS. Royal Bank of Canada acquired a new position in Neuberger Berman Option Strategy ETF during the 1st quarter worth approximately $77,000. Janney Montgomery Scott LLC raised its holdings in shares of Neuberger Berman Option Strategy ETF by 26.0% in the first quarter. Janney Montgomery Scott LLC now owns 38,050 shares of the company’s stock valued at $1,018,000 after purchasing an additional 7,850 shares during the last quarter. NewEdge Advisors LLC bought a new stake in shares of Neuberger Berman Option Strategy ETF in the fourth quarter worth $27,000. OLD Mission Capital LLC lifted its position in shares of Neuberger Berman Option Strategy ETF by 89.2% in the fourth quarter. OLD Mission Capital LLC now owns 26,252 shares of the company’s stock worth $716,000 after purchasing an additional 12,374 shares in the last quarter. Finally, MML Investors Services LLC lifted its position in shares of Neuberger Berman Option Strategy ETF by 3.2% in the fourth quarter. MML Investors Services LLC now owns 615,147 shares of the company’s stock worth $16,775,000 after purchasing an additional 19,119 shares in the last quarter.

Neuberger Berman Option Strategy ETF Trading Down 0.2%

Shares of NBOS stock traded down $0.07 on Monday, hitting $28.18. 19,239 shares of the stock were exchanged, compared to its average volume of 56,105. The firm has a market capitalization of $448.63 million, a P/E ratio of 26.11 and a beta of 0.44. The business has a 50-day moving average of $27.95 and a 200 day moving average of $27.56. Neuberger Berman Option Strategy ETF has a fifty-two week low of $25.87 and a fifty-two week high of $28.25.

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.