Short Interest in State Street Loomis Sayles Opportunistic Bond ETF (BATS:OBND) Drops By 47.9%

State Street Loomis Sayles Opportunistic Bond ETF (BATS:OBND) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 11,378 shares, a decline of 47.9% from the May 14th total of 21,852 shares. Based on an average trading volume of 5,726 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.6% of the shares of the stock are short sold.

State Street Loomis Sayles Opportunistic Bond ETF Trading Up 0.1%

BATS OBND opened at $25.77 on Tuesday. State Street Loomis Sayles Opportunistic Bond ETF has a one year low of $25.34 and a one year high of $26.48. The stock has a 50 day moving average price of $25.79 and a 200-day moving average price of $25.94.

State Street Loomis Sayles Opportunistic Bond ETF Company Profile

The SPDR Loomis Sayles Opportunistic Bond ETF (OBND) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively-managed fund that seeks to maximize total return by holding a broad basket of predominantly USD-denominated bonds. OBND was launched on Sep 27, 2021 and is managed by State Street.