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Overlay Shares Municipal Bond ETF (OVM)

Muni National Long | Exchange Traded Fund | Cboe US
21.84 USD +0.13 (0.577%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 21.84 +0.01 (0.046%) ⇧ (April 17, 2026, 4:10 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★★
Hot Take | April 11, 2026, 1:35 p.m. EDT

OVM, the Overlay Shares Municipal Bond ETF, has shown a relatively stable price movement in the recent 14-day period, hovering around the $21.50 to $21.70 range. The recent price has slightly dipped below the 50-day moving average, which might indicate a potential short-term buying opportunity. However, the overall trend is neutral, and the low volume suggests limited market activity. The ETF has a high dividend yield of 6.76%, which is a strong indicator for dividend-focused investors. The dividend history shows consistent payments, which suggests a reliable yield. For long-term investors, the ETF's fundamentals seem stable, and the recent dip could be an opportunity to buy and hold. Overall, OVM appears to be a good candidate for dividend investors and those looking for a stable, low-risk investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.009652
AutoARIMA0.010190
AutoETS0.016841
MSTL0.019120

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 76%
H-stat 1.12
Ljung-Box p 0.000
Jarque-Bera p 0.767
Excess Kurtosis -0.50
Attribute Value
Trailing P/E 26.18

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.44% 5.50% 5.47% 5.79%
Dividend History
Date Dividend Yield %
2026-03-27 0.093 0.436210
2026-02-25 0.094 0.430800
2026-01-28 0.093 0.433710
2025-12-23 0.281 1.324549
2025-10-03 0.307 1.478529
2025-07-03 0.279 1.391419
2025-04-03 0.303 1.518589
2024-12-24 0.274 1.347916
2024-10-03 0.270 1.305611
2024-07-03 0.271 1.342994
2024-04-03 0.254 1.279028
2023-12-27 0.271 1.376104
2023-10-03 0.250 1.392633
2023-07-05 0.254 1.338042
2023-04-04 0.255 1.344659
2022-12-28 0.242 1.324784
2022-10-04 0.228 1.274128
2022-07-05 0.218 1.171843
2022-04-04 0.221 1.143359
2021-12-29 0.801 3.875817
2021-10-04 0.240 1.184770
2021-07-02 0.252 1.230224
2021-04-05 0.253 1.269822
2020-12-28 0.255 1.281486
2020-10-02 0.258 1.331515
2020-07-02 0.260 1.365006
2020-03-27 0.250 1.371162
2019-12-27 0.147 0.786294
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 6.76

Info Dump

Attribute Value
All Time High 27.28
All Time Low 19.6
Ask 21.85
Ask Size 100
Average Daily Volume10 Day 9,480
Average Daily Volume3 Month 8,550
Average Volume 8,550
Average Volume10Days 9,480
Beta3 Year 1.23
Bid 21.8
Bid Size 4,500
Category Muni National Long
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 21.84
Day Low 21.82
Dividend Yield 6.76
Eps Trailing Twelve Months 0.83415264
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 21.6939
Fifty Day Average Change 0.146101
Fifty Day Average Change Percent 0.0067346585
Fifty Two Week Change Percent 6.7863345
Fifty Two Week High 22.19
Fifty Two Week High Change -0.35000038
Fifty Two Week High Change Percent -0.015772887
Fifty Two Week Low 20.25
Fifty Two Week Low Change 1.5900002
Fifty Two Week Low Change Percent 0.078518525
Fifty Two Week Range 20.25 - 22.19
First Trade Date Milliseconds 1,569,936,600,000
Five Year Average Return 0.0149129
Full Exchange Name Cboe US
Fund Family Overlay Shares
Fund Inception Date 1,569,801,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its objective by (i) investing in one or more other ETFs that seek to obtain exposure to the performance of investment grade municipal bonds and below investment grade municipal bonds or directly in the securities held by such ETFs and (ii) selling and purchasing listed short-term put options to generate income to the fund.
Long Name Overlay Shares Municipal Bond ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_632049961
Nav Price 21.7179
Net Assets 35,248,448.0
Net Expense Ratio 0.81
Open 22.02
Post Market Change 0.010099411
Post Market Change Percent 0.04626412
Post Market Price 21.84
Post Market Time 1,776,456,604
Previous Close 21.7148
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.1252
Regular Market Change Percent 0.576567
Regular Market Day High 21.84
Regular Market Day Low 21.82
Regular Market Day Range 21.82 - 21.84
Regular Market Open 22.02
Regular Market Previous Close 21.7148
Regular Market Price 21.84
Regular Market Time 1,776,456,000
Regular Market Volume 21,019
Short Name Overlay Shares Municipal Bond E
Source Interval 15
Symbol OVM
Three Year Average Return 0.045001604
Total Assets 35,248,448
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 26.182259
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.0693
Trailing Three Month Returns 1.0693
Triggerable 1
Two Hundred Day Average 21.463785
Two Hundred Day Average Change 0.37621498
Two Hundred Day Average Change Percent 0.017527895
Type Disp ETF
Volume 21,019
Yield 0.067600004
Ytd Return 1.0693