Obra Opportunistic Structured Products ETF (NYSEARCA:OOSP) Short Interest Down 68.4% in May

Obra Opportunistic Structured Products ETF (NYSEARCA:OOSP) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 14,495 shares, a drop of 68.4% from the May 14th total of 45,826 shares. Based on an average daily volume of 9,227 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.1% of the shares of the stock are sold short.

Obra Opportunistic Structured Products ETF Trading Down 0.2%

OOSP traded down $0.02 during trading on Thursday, reaching $10.09. The company’s stock had a trading volume of 1,240 shares, compared to its average volume of 115,799. The firm has a fifty day simple moving average of $10.14 and a two-hundred day simple moving average of $10.16. Obra Opportunistic Structured Products ETF has a 1 year low of $10.05 and a 1 year high of $10.29.

Obra Opportunistic Structured Products ETF Company Profile

The Obra Opportunistic Structured Products ETF (OOSP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks to generate quarterly income, with a focus on principal preservation, utilizing a go-anywhere active approach to securitized products. Positions are selected based on fundamental, top-down analysis and bottom-up risk factors. OOSP was launched on Apr 9, 2024 and is issued by Obra.