Short Interest in ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Expands By 1,841.6%

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 3,223 shares, an increase of 1,841.6% from the July 15th total of 166 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 8,379 shares, the days-to-cover ratio is presently 0.4 days.

ClearShares Ultra-Short Maturity ETF Price Performance

NYSEARCA OPER traded up $0.01 during trading hours on Tuesday, reaching $100.18. The company’s stock had a trading volume of 349 shares, compared to its average volume of 12,508. ClearShares Ultra-Short Maturity ETF has a fifty-two week low of $99.88 and a fifty-two week high of $100.47. The company’s 50-day moving average is $100.18 and its two-hundred day moving average is $100.19.

Institutional Investors Weigh In On ClearShares Ultra-Short Maturity ETF

An institutional investor recently raised its stake in ClearShares Ultra-Short Maturity ETF stock. JPMorgan Chase & Co. increased its holdings in shares of ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) by 128.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,989 shares of the company’s stock after buying an additional 3,373 shares during the quarter. JPMorgan Chase & Co. owned about 0.44% of ClearShares Ultra-Short Maturity ETF worth $600,000 as of its most recent filing with the Securities and Exchange Commission.

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.