ClearShares OCIO ETF (NYSEARCA:OCIO) Sees Large Decrease in Short Interest

ClearShares OCIO ETF (NYSEARCA:OCIO) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 3,795 shares, a decrease of 63.8% from the April 30th total of 10,482 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 3,005 shares, the short-interest ratio is currently 1.3 days.

ClearShares OCIO ETF Stock Performance

NYSEARCA:OCIO traded down $0.04 during mid-day trading on Friday, reaching $37.72. The stock had a trading volume of 3,716 shares, compared to its average volume of 10,417. ClearShares OCIO ETF has a twelve month low of $33.37 and a twelve month high of $38.20. The firm has a market capitalization of $184.83 million, a price-to-earnings ratio of 21.96 and a beta of 0.59. The business has a 50 day simple moving average of $35.83 and a 200 day simple moving average of $36.04.

Institutional Investors Weigh In On ClearShares OCIO ETF

An institutional investor recently raised its position in ClearShares OCIO ETF stock. Janney Montgomery Scott LLC lifted its stake in shares of ClearShares OCIO ETF (NYSEARCA:OCIO) by 1.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 32,162 shares of the company’s stock after purchasing an additional 364 shares during the quarter. Janney Montgomery Scott LLC owned about 0.67% of ClearShares OCIO ETF worth $1,116,000 at the end of the most recent quarter.

ClearShares OCIO ETF Company Profile

The ClearShares OCIO ETF (OCIO) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to outperform a 60\u002F40 blended benchmark by over or under weighting across a broad range of asset classes. OCIO was launched on Jun 27, 2017 and is managed by ClearShares.