Short Interest in State Street Loomis Sayles Opportunistic Bond ETF (BATS:OBND) Expands By 392.7%

State Street Loomis Sayles Opportunistic Bond ETF (BATS:OBND) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 21,852 shares, an increase of 392.7% from the April 30th total of 4,435 shares. Based on an average daily volume of 7,982 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.2% of the company’s shares are sold short.

State Street Loomis Sayles Opportunistic Bond ETF Stock Performance

State Street Loomis Sayles Opportunistic Bond ETF stock opened at $25.88 on Friday. State Street Loomis Sayles Opportunistic Bond ETF has a 52-week low of $25.34 and a 52-week high of $26.48. The firm has a 50 day moving average price of $25.74 and a two-hundred day moving average price of $25.98.

State Street Loomis Sayles Opportunistic Bond ETF Company Profile

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.