ClearShares OCIO ETF (NYSEARCA:OCIO) Short Interest Update

ClearShares OCIO ETF (NYSEARCA:OCIO) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 10,482 shares, a growth of 120.3% from the April 15th total of 4,757 shares. Based on an average daily volume of 1,763 shares, the days-to-cover ratio is presently 5.9 days. Currently, 0.2% of the shares of the stock are sold short.

ClearShares OCIO ETF Trading Down 1.3%

OCIO opened at $36.76 on Friday. The stock has a 50-day moving average price of $35.35 and a 200-day moving average price of $36.06. ClearShares OCIO ETF has a 12-month low of $33.37 and a 12-month high of $38.20. The stock has a market capitalization of $180.12 million, a P/E ratio of 21.96 and a beta of 0.59.

Institutional Investors Weigh In On ClearShares OCIO ETF

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

About ClearShares OCIO ETF

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.