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

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 193 shares, a decrease of 95.5% from the May 14th total of 4,289 shares. Based on an average trading volume of 14,368 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

ClearShares Ultra-Short Maturity ETF Stock Up 0.0%

Shares of OPER stock traded up $0.03 during trading hours on Wednesday, hitting $100.10. 3,453 shares of the company were exchanged, compared to its average volume of 13,331. The business has a 50 day moving average of $100.18 and a two-hundred day moving average of $100.17. ClearShares Ultra-Short Maturity ETF has a 52 week low of $99.88 and a 52 week high of $100.54.

Institutional Investors 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. lifted its stake in shares of ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) by 128.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,989 shares of the company’s stock after acquiring an additional 3,373 shares during the period. 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 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.