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

Obra High Grade Structured Products ETF (NYSEARCA:OGSP) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,657 shares, a drop of 80.7% from the June 15th total of 8,588 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 17 shares, the days-to-cover ratio is currently 97.5 days.

Institutional Inflows and Outflows

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

Obra High Grade Structured Products ETF Price Performance

Shares of OGSP traded up $0.01 during trading hours on Friday, hitting $10.01. The company’s stock had a trading volume of 23 shares, compared to its average volume of 231. The business has a 50 day simple moving average of $10.01 and a two-hundred day simple moving average of $10.04. Obra High Grade Structured Products ETF has a 52-week low of $9.19 and a 52-week high of $10.14.

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.