Obra Opportunistic Structured Products ETF (NYSEARCA:OOSP) Sees Significant Growth in Short Interest
by Scott Moore · The Cerbat GemObra Opportunistic Structured Products ETF (NYSEARCA:OOSP – Get Free Report) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 11,775 shares, an increase of 190.3% from the July 15th total of 4,056 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 5,222 shares, the short-interest ratio is currently 2.3 days.
Obra Opportunistic Structured Products ETF Stock Down 0.1%
Shares of OOSP traded down $0.01 during mid-day trading on Friday, hitting $10.15. The company’s stock had a trading volume of 2,499 shares, compared to its average volume of 84,767. Obra Opportunistic Structured Products ETF has a 1-year low of $10.05 and a 1-year high of $10.29. The firm has a 50-day simple moving average of $10.13 and a 200 day simple moving average of $10.15.
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.
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