(OVT) Listed Funds Trust - Ratings and Ratios

The Listed Funds Trust - Overlay Shares Short Term Bond ETF (NYSE ARCA:OVT) is an actively managed exchange-traded fund that employs a dual strategy to achieve its investment objective. By investing in a portfolio of short-term, investment-grade, U.S. dollar-denominated bonds with a dollar-weighted average maturity of no more than three years, the fund seeks to generate stable returns. Additionally, it enhances its income through the sale and purchase of listed short-term put options, thereby augmenting its overall yield.

Given the funds investment strategy, its performance is closely tied to the dynamics of the short-term bond market and the volatility of the underlying assets on which the put options are written. The funds assets under management (AUM) stand at $58.85 million, indicating a relatively niche but still viable presence in the ETF market. As an actively managed ETF, its holdings and options strategies are dynamically adjusted in response to market conditions, aiming to optimize returns while managing risk.

Analyzing the technical data, the funds last price is $21.83, with its short-term moving averages (SMA20 at $21.71, SMA50 at $21.66) indicating a slightly bullish trend as the price hovers above these averages. The long-term SMA200 at $21.67 further supports this bullish sentiment, suggesting a stable upward trajectory. The Average True Range (ATR) of 0.12, or 0.55%, indicates relatively low volatility, making it an attractive option for investors seeking stable, short-term investments.

Forecasting the funds performance, we can expect a continued stable trend given its low volatility and the current interest rate environment. The 52-week high and low ($22.04 and $20.56, respectively) suggest a relatively narrow trading range, indicating that the fund is less sensitive to broad market swings. Assuming interest rates remain stable or decrease slightly, and given the funds strategy of generating income through the sale of put options, we can anticipate a modest appreciation in the funds price, potentially targeting the upper end of its 52-week range or slightly beyond. Thus, a forecast price could be around $22.20, representing a 1.7% increase from its current price, driven by its income-generating strategy and stable bond market conditions.