ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Sees Significant Decrease in Short Interest
by Scott Moore · The Cerbat GemClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER – Get Free Report) was the recipient of a large decrease in short interest during the month of 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 daily volume of 14,368 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.
ClearShares Ultra-Short Maturity ETF Price Performance
NYSEARCA OPER traded up $0.03 on Tuesday, hitting $100.10. The stock had a trading volume of 7,076 shares, compared to its average volume of 13,423. The company’s 50-day moving average is $100.18 and its two-hundred day moving average is $100.17. ClearShares Ultra-Short Maturity ETF has a one year low of $99.88 and a one year high of $100.54.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in ClearShares Ultra-Short Maturity ETF stock. JPMorgan Chase & Co. increased its stake in ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER – Free Report) by 128.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 reporting period.
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.