Obra Opportunistic Structured Products ETF (NYSEARCA:OOSP) Sees Large Growth in Short Interest

Obra Opportunistic Structured Products ETF (NYSEARCA:OOSP) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 31,977 shares, an increase of 42.8% from the February 12th total of 22,387 shares. Based on an average daily volume of 334,579 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.9% of the company’s stock are sold short. Currently, 0.9% of the company’s stock are sold short. Based on an average daily volume of 334,579 shares, the days-to-cover ratio is currently 0.1 days.

Obra Opportunistic Structured Products ETF Stock Performance

Shares of OOSP traded up $0.01 during trading on Friday, reaching $10.15. The company’s stock had a trading volume of 1,277 shares, compared to its average volume of 185,928. The company has a fifty day moving average of $10.19 and a two-hundred day moving average of $10.18. Obra Opportunistic Structured Products ETF has a twelve month low of $10.01 and a twelve month high of $11.02.

Obra Opportunistic Structured Products ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were paid a $0.0535 dividend. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 6.3%.

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.