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Overlay Shares Short Term Bond ETF (OVT)

Short-Term Bond | Exchange Traded Fund | Cboe US
22.12 USD +0.05 (0.228%) ⇧ (April 17, 2026, 3:09 p.m. EDT)
After hours: 22.12

Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ★★★★★
Hot Take | April 11, 2026, 3:14 p.m. EDT

OVT, the Overlay Shares Short Term Bond ETF, shows a relatively stable price range with a recent close near its 52-week high. The dividend yield is exceptionally high at 8.75%, indicating strong income potential for dividend-focused investors. However, the recent price movements have been minimal, with small fluctuations around the 22.0 mark. The 50-day average has slightly decreased, but the 200-day average has also shown a slight decline. This suggests a lack of strong momentum, which might make it less appealing for short-term traders looking for significant price movements. Despite this, the consistent dividend payouts and high yield make it a strong candidate for long-term investors seeking reliable income. The recent news highlights opportunities in high-yield ETFs and tax considerations, which could be favorable for long-term holding. Overall, OVT appears to be a solid choice for dividend-focused investors, but short-term traders may need to wait for clearer momentum signals.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.005612
AutoETS0.006201
AutoARIMA0.006287
AutoTheta0.007262

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 80%
H-stat 0.16
Ljung-Box p 0.000
Jarque-Bera p 0.444
Excess Kurtosis -0.61
Attribute Value
Trailing P/E 25.94

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.51% 7.30% 6.90% 6.32%
Dividend History
Date Dividend Yield %
2026-03-27 0.110 0.505840
2026-02-25 0.113 0.513080
2026-01-28 0.120 0.552590
2025-12-23 0.492 2.272912
2025-10-03 0.356 1.674572
2025-07-03 0.369 1.783243
2025-04-03 0.368 1.825146
2024-12-24 0.295 1.463033
2024-10-03 0.362 1.781544
2024-07-03 0.341 1.744070
2024-04-03 0.352 1.836711
2023-12-27 0.303 1.620228
2023-10-03 0.285 1.619921
2023-07-05 0.268 1.496837
2023-04-04 0.254 1.418942
2022-12-28 0.243 1.398935
2022-10-04 0.224 1.302877
2022-07-05 0.212 1.195317
2022-04-04 0.194 1.058185
2021-12-29 0.427 2.223727
2021-10-04 0.219 1.144143
2021-07-02 0.223 1.159716
2021-04-05 0.209 1.108736
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 8.75

Info Dump

Attribute Value
All Time High 28.75
All Time Low 20.46
Ask 25.08
Ask Size 2,300
Average Daily Volume10 Day 7,740
Average Daily Volume3 Month 12,334
Average Volume 12,334
Average Volume10Days 7,740
Beta3 Year 0.7
Bid 19.08
Bid Size 2,300
Category Short-Term Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 22.17
Day Low 22.09
Dividend Yield 8.75
Eps Trailing Twelve Months 0.85242087
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 22.04134
Fifty Day Average Change 0.0736599
Fifty Day Average Change Percent 0.0033418974
Fifty Two Week Change Percent 3.0689478
Fifty Two Week High 22.62
Fifty Two Week High Change -0.50500107
Fifty Two Week High Change Percent -0.022325423
Fifty Two Week Low 21.35
Fifty Two Week Low Change 0.7649994
Fifty Two Week Low Change Percent 0.03583135
Fifty Two Week Range 21.35 - 22.62
First Trade Date Milliseconds 1,610,721,000,000
Five Year Average Return 0.0318592
Full Exchange Name Cboe US
Fund Family Overlay Shares
Fund Inception Date 1,610,582,400
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 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 short-term, investment grade, U.S. dollar-denominated, fixed-rate taxable bonds with a dollar-weighted average maturity of no more than three years with a maximum maturity of five years 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 Short Term Bond ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_694443100
Nav Price 22.0613
Net Assets 57,824,928.0
Net Expense Ratio 0.79
Open 22.15
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 22.115
Post Market Time 1,776,456,604
Previous Close 22.0646
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.0503998
Regular Market Change Percent 0.228419
Regular Market Day High 22.17
Regular Market Day Low 22.09
Regular Market Day Range 22.09 - 22.17
Regular Market Open 22.15
Regular Market Previous Close 22.0646
Regular Market Price 22.115
Regular Market Time 1,776,452,941
Regular Market Volume 4,285
Short Name Overlay Shares Short Term Bond
Source Interval 15
Symbol OVT
Three Year Average Return 0.074416
Total Assets 57,824,928
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 25.943756
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.39762
Trailing Three Month Returns 1.39762
Triggerable 1
Two Hundred Day Average 22.125484
Two Hundred Day Average Change -0.010484695
Two Hundred Day Average Change Percent -0.00047387416
Type Disp ETF
Volume 4,285
Yield 0.0875
Ytd Return 1.39762