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

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 4,645 shares, a drop of 50.3% from the December 31st total of 9,343 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 9,629 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 9,629 shares, the short-interest ratio is presently 0.5 days. Currently, 0.4% of the shares of the stock are sold short.

Hedge Funds 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. boosted its stake in ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) by 128.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,989 shares of the company’s stock after buying 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 quarter.

ClearShares Ultra-Short Maturity ETF Price Performance

NYSEARCA OPER opened at $100.29 on Thursday. ClearShares Ultra-Short Maturity ETF has a twelve month low of $99.42 and a twelve month high of $100.54. The company’s 50-day simple moving average is $100.16 and its 200 day simple moving average is $100.22.

ClearShares Ultra-Short Maturity ETF Company Profile

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.