ClearShares OCIO ETF (NYSEARCA:OCIO) Short Interest Update

ClearShares OCIO ETF (NYSEARCA:OCIO) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 4,355 shares, an increase of 24.3% from the January 15th total of 3,505 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,576 shares, the days-to-cover ratio is presently 2.8 days. Based on an average daily volume of 1,576 shares, the days-to-cover ratio is presently 2.8 days. Currently, 0.1% of the company’s stock are short sold.

ClearShares OCIO ETF Stock Performance

Shares of OCIO stock traded up $0.06 during trading hours on Tuesday, reaching $35.55. The company had a trading volume of 1,586 shares, compared to its average volume of 13,083. The firm has a market cap of $170.64 million, a PE ratio of 21.96 and a beta of 0.59. The business has a fifty day moving average price of $36.05 and a 200-day moving average price of $36.63. ClearShares OCIO ETF has a one year low of $30.60 and a one year high of $38.20.

Hedge Funds Weigh In On ClearShares OCIO ETF

A hedge fund recently raised its stake in ClearShares OCIO ETF stock. Janney Montgomery Scott LLC raised its stake in shares of ClearShares OCIO ETF (NYSEARCA:OCIO) by 1.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,162 shares of the company’s stock after purchasing an additional 364 shares during the quarter. Janney Montgomery Scott LLC owned about 0.67% of ClearShares OCIO ETF worth $1,116,000 at the end of the most recent reporting period.

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.