ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Sees Large Growth in Short Interest

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 7,507 shares, a growth of 132.9% from the July 30th total of 3,223 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily volume of 13,695 shares, the short-interest ratio is currently 0.5 days.

ClearShares Ultra-Short Maturity ETF Stock Down 0.2%

Shares of NYSEARCA OPER traded down $0.24 during mid-day trading on Friday, hitting $100.04. The company had a trading volume of 2,692 shares, compared to its average volume of 11,788. ClearShares Ultra-Short Maturity ETF has a 12 month low of $99.88 and a 12 month high of $100.47. The business’s 50-day simple moving average is $100.21 and its 200-day simple moving average is $100.19.

Institutional Inflows and Outflows

A hedge fund recently raised its position in ClearShares Ultra-Short Maturity ETF stock. JPMorgan Chase & Co. grew its holdings in ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) by 128.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. 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 approximately 0.44% of ClearShares Ultra-Short Maturity ETF worth $600,000 at the end of the most recent reporting period.

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.