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

ClearShares OCIO ETF (NYSEARCA:OCIO) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 1,330 shares, a drop of 45.7% from the July 30th total of 2,450 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 10,684 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of ClearShares OCIO ETF

An institutional investor recently raised its stake in ClearShares OCIO ETF stock. Janney Montgomery Scott LLC lifted its position in ClearShares OCIO ETF (NYSEARCA:OCIO) by 1.1% in the fourth quarter, according to the company in its most recent 13F 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 approximately 0.67% of ClearShares OCIO ETF worth $1,116,000 at the end of the most recent quarter.

ClearShares OCIO ETF Price Performance

ClearShares OCIO ETF stock traded down $0.11 during trading hours on Friday, hitting $37.92. 426 shares of the stock traded hands, compared to its average volume of 7,387. The firm’s 50 day moving average price is $37.49 and its 200-day moving average price is $36.49. ClearShares OCIO ETF has a 1 year low of $33.37 and a 1 year high of $38.52. The stock has a market capitalization of $170.64 million, a price-to-earnings ratio of 21.96 and a beta of 0.60.

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.