Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Short Interest Down 46.8% in February

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) saw a significant drop in short interest in February. As of February 13th, there was short interest totaling 48,607 shares, a drop of 46.8% from the January 29th total of 91,290 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 46,344 shares, the days-to-cover ratio is currently 1.0 days. Based on an average trading volume of 46,344 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Investors Weigh In On Neuberger Berman Option Strategy ETF

A number of institutional investors have recently modified their holdings of the business. Advisory Services Network LLC acquired a new position in Neuberger Berman Option Strategy ETF in the 3rd quarter worth about $27,000. NewEdge Advisors LLC purchased a new stake in shares of Neuberger Berman Option Strategy ETF in the fourth quarter valued at approximately $27,000. NBC Securities Inc. increased its position in shares of Neuberger Berman Option Strategy ETF by 92.6% in the fourth quarter. NBC Securities Inc. now owns 1,117 shares of the company’s stock valued at $30,000 after buying an additional 537 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of Neuberger Berman Option Strategy ETF by 140,400.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,405 shares of the company’s stock worth $38,000 after buying an additional 1,404 shares during the period. Finally, Raleigh Capital Management Inc. purchased a new position in shares of Neuberger Berman Option Strategy ETF during the 4th quarter valued at approximately $44,000.

Neuberger Berman Option Strategy ETF Trading Up 0.1%

Neuberger Berman Option Strategy ETF stock traded up $0.04 during mid-day trading on Friday, hitting $27.56. The company had a trading volume of 70,862 shares, compared to its average volume of 57,789. The company has a market capitalization of $439.58 million, a price-to-earnings ratio of 26.11 and a beta of 0.49. Neuberger Berman Option Strategy ETF has a 12-month low of $22.43 and a 12-month high of $27.92. The company’s fifty day moving average is $27.44 and its 200-day moving average is $27.07.

Neuberger Berman Option Strategy ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were given a dividend of $0.1863 per share. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date was Tuesday, February 24th.

Neuberger Berman Option Strategy ETF Company Profile

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.