Obra High Grade Structured Products ETF (NYSEARCA:OGSP) Sees Significant Growth in Short Interest

Obra High Grade Structured Products ETF (NYSEARCA:OGSP) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 1,046 shares, an increase of 17.5% from the February 12th total of 890 shares. Based on an average daily volume of 91 shares, the days-to-cover ratio is presently 11.5 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 91 shares, the days-to-cover ratio is presently 11.5 days.

Obra High Grade Structured Products ETF Stock Performance

OGSP traded up $0.01 during trading on Tuesday, reaching $10.03. 107 shares of the stock traded hands, compared to its average volume of 120. The stock’s 50-day moving average is $10.07 and its 200 day moving average is $10.08. Obra High Grade Structured Products ETF has a 12 month low of $9.93 and a 12 month high of $10.16.

Obra High Grade Structured Products ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were paid a dividend of $0.0471 per share. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) annualized dividend and a yield of 5.6%.

Institutional Investors Weigh In On Obra High Grade Structured Products ETF

A hedge fund recently bought a new stake in Obra High Grade Structured Products ETF stock. Flow Traders U.S. LLC bought a new position in shares of Obra High Grade Structured Products ETF (NYSEARCA:OGSP) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 18,003 shares of the company’s stock, valued at approximately $181,000. Flow Traders U.S. LLC owned approximately 0.61% of Obra High Grade Structured Products ETF at the end of the most recent reporting period.

Obra High Grade Structured Products ETF Company Profile

The Obra High Grade Structured Products ETF (OGSP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks income and capital preservation through an actively managed portfolio of investment grade securitized products selected based on fundamental, top-down analysis and bottom-up risk factors. OGSP was launched on Apr 9, 2024 and is issued by Obra.