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

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) was the target of a large 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. Based on an average daily trading volume, of 8,397 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

ClearShares Ultra-Short Maturity ETF Price Performance

Shares of OPER stock traded up $0.01 during mid-day trading on Friday, hitting $100.29. The company had a trading volume of 1,608 shares, compared to its average volume of 13,094. The stock’s 50 day moving average price is $100.19 and its 200-day moving average price is $100.18. ClearShares Ultra-Short Maturity ETF has a 52-week low of $99.88 and a 52-week high of $100.54.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ClearShares Ultra-Short Maturity ETF stock. JPMorgan Chase & Co. grew its position in shares of ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) by 128.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,989 shares of the company’s stock after purchasing 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 reporting period.

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.