Opus Small Cap Value Plus ETF (BATS:OSCV) Sees Significant Growth in Short Interest

Opus Small Cap Value Plus ETF (BATS:OSCV) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 80,865 shares, an increase of 206.4% from the June 30th total of 26,388 shares. Based on an average daily volume of 66,090 shares, the short-interest ratio is presently 1.2 days. Approximately 0.5% of the company’s stock are short sold.

Opus Small Cap Value Plus ETF Price Performance

BATS:OSCV traded down $0.08 during midday trading on Monday, reaching $42.46. 49,879 shares of the company traded hands, compared to its average volume of 49,264. The firm has a market capitalization of $687.85 million, a price-to-earnings ratio of 18.31 and a beta of 0.92. The company has a fifty day moving average price of $41.32 and a 200 day moving average price of $40.50. Opus Small Cap Value Plus ETF has a twelve month low of $35.72 and a twelve month high of $42.97.

Hedge Funds Weigh In On Opus Small Cap Value Plus ETF

Several hedge funds and other institutional investors have recently modified their holdings of OSCV. Parallel Advisors LLC raised its holdings in shares of Opus Small Cap Value Plus ETF by 248.5% during the third quarter. Parallel Advisors LLC now owns 1,941 shares of the company’s stock valued at $74,000 after buying an additional 1,384 shares during the last quarter. Princeton Global Asset Management LLC bought a new position in Opus Small Cap Value Plus ETF in the 4th quarter worth approximately $81,000. JPMorgan Chase & Co. grew its holdings in Opus Small Cap Value Plus ETF by 150.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,496 shares of the company’s stock worth $95,000 after buying an additional 1,501 shares in the last quarter. Advisory Services Network LLC increased its position in Opus Small Cap Value Plus ETF by 8.7% in the 4th quarter. Advisory Services Network LLC now owns 193,676 shares of the company’s stock valued at $7,172,000 after acquiring an additional 15,486 shares during the period. Finally, Waterloo Capital L.P. increased its position in Opus Small Cap Value Plus ETF by 3.4% in the 4th quarter. Waterloo Capital L.P. now owns 468,437 shares of the company’s stock valued at $17,346,000 after acquiring an additional 15,366 shares during the period.

About Opus Small Cap Value Plus ETF

The Opus Small Cap Value Plus ETF (OSCV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund that selects US small-cap companies and REITs based on valuation plus quality and growth metrics. The fund seeks capital appreciation. OSCV was launched on Jul 18, 2018 and is managed by Opus Capital Management.