Short Interest in Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) Grows By 50.0%

Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 31,022 shares, an increase of 50.0% from the December 31st total of 20,687 shares. Based on an average trading volume of 100,239 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 100,239 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Neuberger Berman Option Strategy ETF

Several institutional investors have recently added to or reduced their stakes in the business. AE Wealth Management LLC lifted its position in Neuberger Berman Option Strategy ETF by 3.9% in the fourth quarter. AE Wealth Management LLC now owns 501,511 shares of the company’s stock valued at $13,676,000 after purchasing an additional 18,747 shares during the last quarter. CWM LLC grew its holdings in shares of Neuberger Berman Option Strategy ETF by 914.2% in the fourth quarter. CWM LLC now owns 166,240 shares of the company’s stock worth $4,533,000 after purchasing an additional 149,849 shares during the last quarter. 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 worth $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% during 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. Finally, HB Wealth Management LLC raised its holdings 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 valued at $1,479,000 after buying an additional 7,990 shares during the last quarter.

Neuberger Berman Option Strategy ETF Price Performance

NBOS opened at $27.49 on Friday. The firm has a market capitalization of $439.84 million, a P/E ratio of 26.11 and a beta of 0.49. Neuberger Berman Option Strategy ETF has a fifty-two week low of $22.43 and a fifty-two week high of $27.92. The company’s 50-day moving average is $27.28 and its 200 day moving average is $26.90.

Neuberger Berman Option Strategy ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 27th were issued a dividend of $0.2004 per share. The ex-dividend date of this dividend was Tuesday, January 27th. This represents a c) annualized dividend and a dividend yield of 8.7%.

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.