Short Interest in ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Declines By 33.1%

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 166 shares, a decline of 33.1% from the June 30th total of 248 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 7,498 shares, the days-to-cover ratio is presently 0.0 days.

ClearShares Ultra-Short Maturity ETF Price Performance

OPER opened at $100.03 on Friday. The stock’s 50-day moving average price is $100.19 and its 200 day moving average price is $100.19. ClearShares Ultra-Short Maturity ETF has a 12-month low of $99.88 and a 12-month high of $100.47.

Institutional Trading of ClearShares Ultra-Short Maturity ETF

A hedge fund recently bought a new position in ClearShares Ultra-Short Maturity ETF stock. Advisors Preferred LLC acquired a new stake in ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 484 shares of the company’s stock, valued at approximately $48,000.

About ClearShares Ultra-Short Maturity ETF

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.