Overlay Shares Municipal Bond ETF (BATS:OVM – Get Free Report) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 4,501 shares, a decline of 54.8% from the September 30th total of 9,953 shares. Based on an average daily volume of 7,052 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.2% of the shares of the stock are short sold.
Overlay Shares Municipal Bond ETF Trading Up 0.1%
Overlay Shares Municipal Bond ETF stock opened at $20.94 on Friday. Overlay Shares Municipal Bond ETF has a 1 year low of $20.15 and a 1 year high of $22.19. The company’s 50-day moving average is $20.82 and its two-hundred day moving average is $21.46. The company has a market cap of $43.14 million, a PE ratio of 23.80 and a beta of 0.38.
About Overlay Shares Municipal Bond ETF
The Overlay Shares Municipal Bond ETF (OVM) is an exchange-traded fund that is based on the Bloomberg Municipal Bond index. The fund is actively managed to provide exposure to U.S. municipal bonds combined with a U.S OVM was launched on Sep 30, 2019 and is managed by Overlay Shares.
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