OVM Short Volume
Overlay Shares Municipal Bond ETF (OVM) operates in the Financial Services sector, specifically the Asset Management - Bonds industry, with a market capitalization near $36.1M, listed on CBOE, carrying a beta of 1.24 to the broader market. 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. public since 2019-10-01.
Short volume measures the number of shares sold short on a given day as reported by FINRA. Tracking short volume relative to total volume helps identify unusual bearish sentiment or short-squeeze potential.
- Latest Date
- 2026-06-01
- Short Volume
- 15.4K
- Total Volume
- 17.3K
- Short %
- 88.57%
- 30-Day Avg Short %
- 55.44%
Showing 30 days of FINRA short volume data for Overlay Shares Municipal Bond ETF.
Learn how short volume is reported and how to read the data →
Frequently asked OVM short volume questions
- What is the daily OVM short volume?
- As of Jun 1, 2026, Overlay Shares Municipal Bond ETF (OVM) short volume is 15.4K shares against 17.3K total reported volume, or 88.57% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is OVM short volume reported?
- FINRA publishes the Daily Short Sale Volume File for trades reported to FINRA TRFs and the FINRA/Nasdaq ADF on a T+1 basis. The headline figure is the count of shares that printed at the short-sale or short-exempt tick across all reporting venues for the symbol; each exchange separately publishes its own daily short-sale data file.
- What does OVM short volume tell options traders?
- Daily short-sale flow is one input that helps disambiguate dealer-hedging activity from directional bear flow when the chain shows fresh customer call inventory. It is not a clean MM-only proxy: the headline number mixes directional shorting, options-MM delta-hedging, ETF-creation arbitrage, and convertible-arb hedging. Cross-check against gamma-exposure and OI changes for a cleaner read.