Overlay Shares Short Term Bond ETF (NYSEARCA:OVT) Raises Dividend to $0.36 Per Share

Overlay Shares Short Term Bond ETF (NYSEARCA:OVT) announced a dividend on Wednesday, October 2nd, NASDAQ reports. Stockholders of record on Thursday, October 3rd will be paid a dividend of 0.3616 per share on Friday, October 4th. The ex-dividend date is Thursday, October 3rd. This is an increase from Overlay Shares Short Term Bond ETF’s previous dividend of $0.27.

Overlay Shares Short Term Bond ETF Price Performance

Shares of OVT stock traded down $0.34 during trading hours on Thursday, reaching $22.47. The company’s stock had a trading volume of 4,424 shares, compared to its average volume of 46,359. Overlay Shares Short Term Bond ETF has a one year low of $20.46 and a one year high of $22.87. The firm’s fifty day simple moving average is $22.51 and its 200 day simple moving average is $22.15.

About Overlay Shares Short Term Bond ETF

The Overlay Shares Short Term Bond ETF (OVT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide exposure to US short-term, investment grade bonds combined with a US large cap put spread strategy. OVT was launched on Jan 14, 2021 and is managed by Overlay Shares.