NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) Sees Significant Increase in Short Interest

NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 19,075 shares, an increase of 66.5% from the February 26th total of 11,458 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 33,567 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in NEOS Enhanced Income Aggregate Bond ETF stock. Carter Financial Group INC. grew its position in NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) by 6.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 96,315 shares of the company’s stock after acquiring an additional 5,899 shares during the quarter. NEOS Enhanced Income Aggregate Bond ETF comprises about 2.7% of Carter Financial Group INC.’s portfolio, making the stock its 10th largest position. Carter Financial Group INC. owned 3.24% of NEOS Enhanced Income Aggregate Bond ETF worth $4,581,000 at the end of the most recent reporting period.

NEOS Enhanced Income Aggregate Bond ETF Price Performance

Shares of NEOS Enhanced Income Aggregate Bond ETF stock traded down $0.14 on Friday, reaching $46.57. The company had a trading volume of 23,957 shares, compared to its average volume of 24,450. The firm has a market cap of $138.31 million, a price-to-earnings ratio of 24.67 and a beta of 0.32. The firm’s 50-day moving average price is $47.49 and its two-hundred day moving average price is $47.68. NEOS Enhanced Income Aggregate Bond ETF has a 1 year low of $44.93 and a 1 year high of $48.45.

About NEOS Enhanced Income Aggregate Bond ETF

The Neos Enhanced Income Aggregate Bond ETF (BNDI) is an exchange-traded fund that is based on the U.S. Aggregate Bond index. The fund is an actively managed fund that invests in a diversified portfolio of fixed income securities with varying maturities and credit ratings while utilizing a US large-cap put-spread strategy. BNDI was launched on Aug 30, 2022 and is managed by Neos.