ClearShares OCIO ETF (NYSEARCA:OCIO) Short Interest Update

ClearShares OCIO ETF (NYSEARCA:OCIO) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 3,795 shares, a decline of 63.8% from the April 30th total of 10,482 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 3,005 shares, the short-interest ratio is currently 1.3 days.

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 position in ClearShares OCIO ETF (NYSEARCA:OCIO) by 1.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 32,162 shares of the company’s stock after buying an additional 364 shares during the quarter. Janney Montgomery Scott LLC owned about 0.67% of ClearShares OCIO ETF worth $1,116,000 as of its most recent filing with the SEC.

ClearShares OCIO ETF Trading Down 0.1%

OCIO traded down $0.04 during midday trading on Friday, hitting $37.72. 3,716 shares of the company were exchanged, compared to its average volume of 10,417. The firm has a market capitalization of $184.83 million, a price-to-earnings ratio of 21.96 and a beta of 0.59. The company’s 50 day simple moving average is $35.83 and its 200 day simple moving average is $36.04. ClearShares OCIO ETF has a 1-year low of $33.37 and a 1-year high of $38.20.

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.