ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Short Interest Down 56.4% in May

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 4,289 shares, a decrease of 56.4% from the April 30th total of 9,846 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 11,340 shares, the days-to-cover ratio is currently 0.4 days.

ClearShares Ultra-Short Maturity ETF Stock Performance

OPER stock traded up $0.01 on Friday, reaching $100.04. The company’s stock had a trading volume of 8,049 shares, compared to its average volume of 14,042. The business has a fifty day simple moving average of $100.21 and a two-hundred day simple moving average of $100.18. ClearShares Ultra-Short Maturity ETF has a 12-month low of $99.88 and a 12-month high of $100.54.

Institutional Investors Weigh In On ClearShares Ultra-Short Maturity ETF

A hedge fund recently bought a new stake in ClearShares Ultra-Short Maturity ETF stock. Advisors Preferred LLC bought a new stake in shares of ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 484 shares of the company’s stock, valued at approximately $48,000.

About ClearShares Ultra-Short Maturity ETF

The ClearShares Ultra-Short Maturity ETF (OPER) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio seeking current income by investing primarily in repurchase agreements, with a portfolio maturity of less than one year. OPER was launched on Jul 11, 2018 and is managed by ClearShares.