Neuberger Option Strategy ETF (NYSEARCA:NBOS – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 131,206 shares, a decrease of 67.0% from the September 15th total of 397,988 shares. Based on an average daily volume of 90,295 shares, the short-interest ratio is presently 1.5 days. Approximately 0.7% of the company’s stock are short sold.
Neuberger Option Strategy ETF Trading Up 0.1%
NYSEARCA:NBOS traded up $0.02 during mid-day trading on Monday, hitting $28.82. The company had a trading volume of 33,588 shares, compared to its average volume of 72,351. The business has a fifty day simple moving average of $28.53 and a 200-day simple moving average of $28.03. The firm has a market capitalization of $579.28 million, a price-to-earnings ratio of 26.11 and a beta of 0.43. Neuberger Option Strategy ETF has a 1 year low of $26.07 and a 1 year high of $29.00.
Institutional Investors Weigh In On Neuberger Option Strategy ETF
Several hedge funds have recently modified their holdings of NBOS. Capital Analysts LLC purchased a new position in Neuberger Option Strategy ETF in the 2nd quarter worth approximately $100,000. Integrated Wealth Concepts LLC acquired a new stake in Neuberger Option Strategy ETF in the second quarter valued at approximately $282,000. Fortitude Advisory Group L.L.C. purchased a new stake in shares of Neuberger Option Strategy ETF during the second quarter valued at approximately $319,000. Compass Financial Management LLC purchased a new stake in shares of Neuberger Option Strategy ETF during the second quarter valued at approximately $130,000. Finally, Royal Bank of Canada purchased a new stake in shares of Neuberger Option Strategy ETF during the first quarter valued at approximately $77,000.
About Neuberger 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.
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