Short Interest in State Street Loomis Sayles Opportunistic Bond ETF (BATS:OBND) Grows By 392.7%

State Street Loomis Sayles Opportunistic Bond ETF (BATS:OBND) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 21,852 shares, an increase of 392.7% from the April 30th total of 4,435 shares. Based on an average daily trading volume, of 7,982 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.2% of the shares of the stock are sold short.

State Street Loomis Sayles Opportunistic Bond ETF Price Performance

BATS:OBND traded up $0.01 during mid-day trading on Friday, hitting $25.89. 3,324 shares of the stock traded hands, compared to its average volume of 8,836. The business’s 50-day moving average price is $25.75 and its 200 day moving average price is $25.98. State Street Loomis Sayles Opportunistic Bond ETF has a 12-month low of $25.34 and a 12-month high of $26.48.

About State Street Loomis Sayles Opportunistic Bond ETF

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.