NEOS Russell 2000 High Income ETF (BATS:IWMI) Shares Shorted: Short Interest Up 404.8% in October

NEOS Russell 2000 High Income ETF (BATS:IWMI – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 151,736 shares, an increase of 404.8% from the September 30th total of 30,057 shares. Approximately 3.4% of the shares of the company are sold short. Based on an average daily trading volume, of 476,970 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of NEOS Russell 2000 High Income ETF

Large investors have recently modified their holdings of the company. Farther Finance Advisors LLC increased its position in NEOS Russell 2000 High Income ETF by 13.1% during the third quarter. Farther Finance Advisors LLC now owns 131,481 shares of the company’s stock valued at $6,439,000 after acquiring an additional 15,198 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. bought a new position in NEOS Russell 2000 High Income ETF in the first quarter valued at about $2,307,000. FSA Advisors Inc. boosted its position in NEOS Russell 2000 High Income ETF by 36.2% in the first quarter. FSA Advisors Inc. now owns 20,566 shares of the company’s stock worth $975,000 after purchasing an additional 5,464 shares during the last quarter. NFSG Corp boosted its position in NEOS Russell 2000 High Income ETF by 6.5% in the third quarter. NFSG Corp now owns 19,593 shares of the company’s stock worth $959,000 after purchasing an additional 1,202 shares during the last quarter. Finally, Vima LLC purchased a new position in NEOS Russell 2000 High Income ETF in the third quarter worth about $713,000.

NEOS Russell 2000 High Income ETF Trading Up 0.5%

Shares of IWMI opened at $48.51 on Tuesday. The firm has a fifty day simple moving average of $50.37 and a two-hundred day simple moving average of $50.81. The firm has a market cap of $216.84 million and a PE ratio of 16.20. NEOS Russell 2000 High Income ETF has a 1-year low of $45.64 and a 1-year high of $53.86.

NEOS Russell 2000 High Income ETF Company Profile

(Get Free Report)

The NEOS Russell 2000 High Income ETF (IWMI) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund-of-fund that seeks to generate income by investing in constituents of the Russell 2000 Index while also employing a call option strategy. IWMI was launched on Jun 25, 2024 and is issued by Neos.

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