Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Short Interest Down 80.5% in May

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 19,913 shares, a decrease of 80.5% from the April 30th total of 101,886 shares. Based on an average daily volume of 65,181 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Neuberger Berman Option Strategy ETF Stock Performance

Shares of NYSEARCA:NBOS traded up $0.06 during trading on Friday, reaching $28.10. The stock had a trading volume of 601,862 shares, compared to its average volume of 50,962. The firm’s fifty day moving average is $27.47 and its 200 day moving average is $27.36. Neuberger Berman Option Strategy ETF has a 52 week low of $25.34 and a 52 week high of $28.10. The stock has a market cap of $457.19 million, a price-to-earnings ratio of 26.11 and a beta of 0.44.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. AE Wealth Management LLC lifted its position in shares of Neuberger Berman Option Strategy ETF by 7.6% during the 3rd quarter. AE Wealth Management LLC now owns 482,764 shares of the company’s stock valued at $12,967,000 after acquiring an additional 33,924 shares during the period. CWM LLC lifted its position in shares of Neuberger Berman Option Strategy ETF by 914.2% during the 4th quarter. CWM LLC now owns 166,240 shares of the company’s stock valued at $4,533,000 after acquiring an additional 149,849 shares during the period. Key Capital Management INC acquired a new position in shares of Neuberger Berman Option Strategy ETF during the 4th quarter valued at $580,000. Edge Financial Advisors LLC acquired a new position in shares of Neuberger Berman Option Strategy ETF during the 4th quarter valued at $649,000. Finally, Cary Street Partners Financial LLC acquired a new position in shares of Neuberger Berman Option Strategy ETF during the 4th quarter valued at $20,973,000.

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.