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

Obra High Grade Structured Products ETF (NYSEARCA:OGSP) was the target 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. Based on an average daily volume of 17 shares, the short-interest ratio is currently 97.5 days. Currently, 0.1% of the shares of the company 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 purchased a new stake in shares of Obra High Grade Structured Products ETF (NYSEARCA:OGSP) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 18,003 shares of the company’s stock, valued at approximately $181,000. Flow Traders U.S. LLC owned about 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

NYSEARCA OGSP traded down $0.01 during trading on Monday, reaching $10.00. 28 shares of the company’s stock were exchanged, compared to its average volume of 230. The business has a 50 day moving average price of $10.01 and a 200-day moving average price of $10.04. Obra High Grade Structured Products ETF has a fifty-two week low of $9.19 and a fifty-two 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.