Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Sees Significant Growth in Short Interest

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 87,012 shares, a growth of 79.0% from the February 12th total of 48,607 shares. Based on an average daily trading volume, of 32,515 shares, the short-interest ratio is currently 2.7 days. Currently, 0.5% of the shares of the stock are short sold. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 32,515 shares, the short-interest ratio is currently 2.7 days.

Neuberger Berman Option Strategy ETF Stock Performance

Shares of NYSEARCA:NBOS opened at $27.20 on Friday. The company has a fifty day moving average of $27.47 and a 200-day moving average of $27.13. The company has a market capitalization of $433.84 million, a PE ratio of 26.11 and a beta of 0.49. Neuberger Berman Option Strategy ETF has a 52-week low of $22.43 and a 52-week high of $27.92.

Neuberger Berman Option Strategy ETF Cuts Dividend

The company also recently disclosed 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. The ex-dividend date was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a yield of 8.2%.

Hedge Funds Weigh In On Neuberger Berman Option Strategy ETF

Several large investors have recently bought and sold shares of the company. Brown Advisory Inc. acquired a new stake in shares of Neuberger Berman Option Strategy ETF during the second quarter valued at about $1,410,000. Raymond James Financial Inc. increased its stake in shares of Neuberger Berman Option Strategy ETF by 19.2% in the second quarter. Raymond James Financial Inc. now owns 132,315 shares of the company’s stock valued at $3,445,000 after buying an additional 21,344 shares during the period. Osaic Holdings Inc. raised its holdings in Neuberger Berman Option Strategy ETF by 924.4% in the 2nd quarter. Osaic Holdings Inc. now owns 77,237 shares of the company’s stock valued at $1,977,000 after buying an additional 69,697 shares during the last quarter. CWM LLC bought a new position in Neuberger Berman Option Strategy ETF in the 3rd quarter valued at approximately $440,000. Finally, HB Wealth Management LLC boosted its position in Neuberger Berman Option Strategy ETF by 17.0% during the 3rd quarter. HB Wealth Management LLC now owns 55,078 shares of the company’s stock worth $1,479,000 after buying an additional 7,990 shares during the period.

About Neuberger Berman 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.