Obra High Grade Structured Products ETF (NYSEARCA:OGSP) Sees Large Increase in Short Interest

Obra High Grade Structured Products ETF (NYSEARCA:OGSP) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 8,588 shares, a growth of 405.5% from the May 31st total of 1,699 shares. Based on an average daily volume of 1,034 shares, the days-to-cover ratio is presently 8.3 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

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

Obra High Grade Structured Products ETF Stock Up 0.1%

Shares of OGSP traded up $0.01 during midday trading on Friday, reaching $10.04. 6 shares of the stock were exchanged, compared to its average volume of 241. Obra High Grade Structured Products ETF has a 12-month low of $9.19 and a 12-month high of $10.14. The firm has a 50 day simple moving average of $10.01 and a 200-day simple moving average of $10.04.

About Obra High Grade Structured Products ETF

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.