NEOS Enhanced Income 1-3 Month T-Bill ETF (NYSEARCA:CSHI – Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 313,334 shares, a growth of 187.5% from the August 15th total of 109,001 shares. Based on an average daily volume of 658,665 shares, the days-to-cover ratio is presently 0.5 days. Approximately 1.0% of the shares of the company are short sold.
Institutional Trading of NEOS Enhanced Income 1-3 Month T-Bill ETF
Several large investors have recently made changes to their positions in the business. Compass Financial Management LLC acquired a new stake in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF in the second quarter worth $561,000. CoreCap Advisors LLC lifted its position in NEOS Enhanced Income 1-3 Month T-Bill ETF by 10.9% during the second quarter. CoreCap Advisors LLC now owns 25,920 shares of the company’s stock valued at $1,291,000 after purchasing an additional 2,543 shares during the period. Carter Financial Group INC. lifted its position in NEOS Enhanced Income 1-3 Month T-Bill ETF by 7.7% during the first quarter. Carter Financial Group INC. now owns 10,159 shares of the company’s stock valued at $506,000 after purchasing an additional 727 shares during the period. Nations Financial Group Inc. IA ADV boosted its holdings in NEOS Enhanced Income 1-3 Month T-Bill ETF by 15.8% in the first quarter. Nations Financial Group Inc. IA ADV now owns 6,582 shares of the company’s stock valued at $328,000 after purchasing an additional 900 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in NEOS Enhanced Income 1-3 Month T-Bill ETF by 83.0% in the fourth quarter. NewEdge Advisors LLC now owns 131,896 shares of the company’s stock valued at $6,559,000 after purchasing an additional 59,829 shares during the last quarter.
NEOS Enhanced Income 1-3 Month T-Bill ETF Trading Up 0.1%
Shares of NYSEARCA:CSHI opened at $49.63 on Friday. NEOS Enhanced Income 1-3 Month T-Bill ETF has a twelve month low of $49.55 and a twelve month high of $49.93. The company’s 50 day moving average is $49.76 and its 200 day moving average is $49.76. The company has a market cap of $1.53 billion, a PE ratio of 23.90 and a beta of 0.01.
NEOS Enhanced Income 1-3 Month T-Bill ETF Company Profile
The Neos Enhanced Income Cash Alternative ETF (CSHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in a portfolio of US ultra-short term Treasury bills while utilizing a combined with a US large-cap put spread futures strategy. CSHI was launched on Aug 30, 2022 and is managed by Neos.
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