ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Sees Significant Drop in Short Interest

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 166 shares, a drop of 33.1% from the June 30th total of 248 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 7,498 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On ClearShares Ultra-Short Maturity ETF

An institutional investor recently raised its position in ClearShares Ultra-Short Maturity ETF stock. JPMorgan Chase & Co. increased its position in shares of ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) by 128.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,989 shares of the company’s stock after purchasing an additional 3,373 shares during the quarter. JPMorgan Chase & Co. owned 0.44% of ClearShares Ultra-Short Maturity ETF worth $600,000 at the end of the most recent reporting period.

ClearShares Ultra-Short Maturity ETF Trading Up 0.0%

NYSEARCA OPER traded up $0.04 on Friday, hitting $100.07. 8,759 shares of the stock traded hands, compared to its average volume of 12,205. The stock has a 50-day moving average of $100.19 and a 200 day moving average of $100.19. ClearShares Ultra-Short Maturity ETF has a twelve month low of $99.88 and a twelve month high of $100.47.

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.