Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Short Interest Down 55.0% in March

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 39,120 shares, a decrease of 55.0% from the February 26th total of 87,012 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 23,047 shares, the days-to-cover ratio is currently 1.7 days.

Neuberger Berman Option Strategy ETF Trading Down 1.9%

Shares of NYSEARCA:NBOS traded down $0.51 during midday trading on Thursday, hitting $26.60. The stock had a trading volume of 16,692 shares, compared to its average volume of 46,976. Neuberger Berman Option Strategy ETF has a 1 year low of $22.43 and a 1 year high of $27.92. The stock has a 50 day moving average price of $27.41 and a two-hundred day moving average price of $27.17. The company has a market capitalization of $424.27 million, a PE ratio of 26.11 and a beta of 0.49.

Neuberger Berman Option Strategy ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were given a $0.1863 dividend. The ex-dividend date was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a yield of 8.4%.

Hedge Funds Weigh In On Neuberger Berman Option Strategy ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC purchased a new position in shares of Neuberger Berman Option Strategy ETF during the 4th quarter worth approximately $27,000. OLD Mission Capital LLC boosted its stake 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 valued at $716,000 after buying an additional 12,374 shares in the last quarter. MML Investors Services LLC grew its holdings in Neuberger Berman Option Strategy ETF by 3.2% during the fourth quarter. MML Investors Services LLC now owns 615,147 shares of the company’s stock worth $16,775,000 after acquiring an additional 19,119 shares during the period. Janney Montgomery Scott LLC raised its position in Neuberger Berman Option Strategy ETF by 5.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 30,200 shares of the company’s stock worth $824,000 after acquiring an additional 1,675 shares in the last quarter. Finally, LPL Financial LLC raised its position in Neuberger Berman Option Strategy ETF by 2.2% in the fourth quarter. LPL Financial LLC now owns 583,856 shares of the company’s stock worth $15,922,000 after acquiring an additional 12,761 shares in the last quarter.

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.