NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) Short Interest Update

by · The Markets Daily

NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI – Get Free Report) was the target of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 4,829 shares, a drop of 78.7% from the January 29th total of 22,634 shares. Based on an average daily volume of 22,253 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 22,253 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of NEOS Enhanced Income Credit Select ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in HYBI. CWM LLC purchased a new stake in shares of NEOS Enhanced Income Credit Select ETF during the second quarter valued at $56,000. Aptus Capital Advisors LLC acquired a new stake in NEOS Enhanced Income Credit Select ETF during the third quarter valued at $145,000. World Equity Group Inc. increased its holdings in NEOS Enhanced Income Credit Select ETF by 6.8% in the third quarter. World Equity Group Inc. now owns 4,582 shares of the company’s stock worth $232,000 after buying an additional 290 shares during the last quarter. Focus Partners Wealth raised its holdings in shares of NEOS Enhanced Income Credit Select ETF by 20.3% during the 3rd quarter. Focus Partners Wealth now owns 4,776 shares of the company’s stock valued at $242,000 after purchasing an additional 806 shares in the last quarter. Finally, Orion Porfolio Solutions LLC acquired a new stake in NEOS Enhanced Income Credit Select ETF in the 4th quarter worth approximately $351,000.

NEOS Enhanced Income Credit Select ETF Stock Performance

NASDAQ:HYBI opened at $50.25 on Thursday. NEOS Enhanced Income Credit Select ETF has a 12-month low of $46.95 and a 12-month high of $51.37. The business has a 50 day simple moving average of $50.34 and a 200 day simple moving average of $50.47.

NEOS Enhanced Income Credit Select ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 13th. Investors of record on Wednesday, February 11th were issued a $0.3379 dividend. The ex-dividend date of this dividend was Wednesday, February 11th.

About NEOS Enhanced Income Credit Select ETF

(Get Free Report)

The NEOS Enhanced Income Credit Select ETF (HYBI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds, investing in US bonds via ETFs and using S&P 500 put options for tax-efficient monthly income. The fund seeks to balance investments in high-yield and investment-grade securities, aiming for total return. HYBI was launched on Sep 30, 2024 and is issued by Neos.

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