Short Interest in ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Expands By 542.5%

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 1,240 shares, an increase of 542.5% from the May 31st total of 193 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 8,397 shares, the days-to-cover ratio is presently 0.1 days.

ClearShares Ultra-Short Maturity ETF Stock Up 0.0%

ClearShares Ultra-Short Maturity ETF stock traded up $0.03 during trading hours on Friday, hitting $100.31. The stock had a trading volume of 2,651 shares, compared to its average volume of 13,103. ClearShares Ultra-Short Maturity ETF has a 1-year low of $99.88 and a 1-year high of $100.54. The stock’s fifty day moving average is $100.19 and its two-hundred day moving average is $100.18.

Institutional Investors Weigh In On ClearShares Ultra-Short Maturity ETF

A hedge fund recently bought a new position in ClearShares Ultra-Short Maturity ETF stock. Advisors Preferred LLC purchased a new stake in ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 484 shares of the company’s stock, valued at approximately $48,000.

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.