ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Short Interest Up 132.9% in August

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 7,507 shares, an increase of 132.9% from the July 30th total of 3,223 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 13,695 shares, the days-to-cover ratio is presently 0.5 days.

ClearShares Ultra-Short Maturity ETF Trading Down 0.2%

NYSEARCA OPER traded down $0.24 during trading on Friday, hitting $100.04. The stock had a trading volume of 2,692 shares, compared to its average volume of 11,788. The company’s 50-day moving average price is $100.21 and its two-hundred day moving average price is $100.19. ClearShares Ultra-Short Maturity ETF has a 12 month low of $99.88 and a 12 month high of $100.47.

Institutional Investors Weigh In On ClearShares Ultra-Short Maturity ETF

An institutional investor recently bought a new stake in ClearShares Ultra-Short Maturity ETF stock. Advisors Preferred LLC bought a new stake in ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 484 shares of the company’s stock, valued at approximately $48,000.

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.