Short Interest in State Street Loomis Sayles Opportunistic Bond ETF (BATS:OBND) Drops By 56.8%

State Street Loomis Sayles Opportunistic Bond ETF (BATS:OBND) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 2,940 shares, a drop of 56.8% from the July 15th total of 6,807 shares. Based on an average trading volume of 8,110 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are sold short.

State Street Loomis Sayles Opportunistic Bond ETF Price Performance

Shares of BATS:OBND opened at $25.50 on Monday. State Street Loomis Sayles Opportunistic Bond ETF has a 1-year low of $25.32 and a 1-year high of $26.48. The business’s 50 day moving average is $25.59 and its 200-day moving average is $25.76.

About State Street Loomis Sayles Opportunistic Bond ETF

The SPDR Loomis Sayles Opportunistic Bond ETF (OBND) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively-managed fund that seeks to maximize total return by holding a broad basket of predominantly USD-denominated bonds. OBND was launched on Sep 27, 2021 and is managed by State Street.