ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Sees Significant Decrease in Short Interest

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 193 shares, a decline of 95.5% from the May 14th total of 4,289 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 14,368 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On ClearShares Ultra-Short Maturity ETF

An institutional investor recently raised its position 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 the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,989 shares of the company’s stock after acquiring an additional 3,373 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.44% of ClearShares Ultra-Short Maturity ETF worth $600,000 at the end of the most recent quarter.

ClearShares Ultra-Short Maturity ETF Stock Performance

Shares of NYSEARCA:OPER traded up $0.03 during midday trading on Tuesday, hitting $100.10. 7,076 shares of the company’s stock traded hands, compared to its average volume of 13,423. The firm’s fifty day moving average price is $100.18 and its two-hundred day moving average price is $100.17. ClearShares Ultra-Short Maturity ETF has a twelve month low of $99.88 and a twelve month high of $100.54.

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.