Short Interest in ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Increases By 542.5%

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 1,240 shares, a growth of 542.5% from the May 31st total of 193 shares. Based on an average daily volume of 8,397 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

ClearShares Ultra-Short Maturity ETF Trading Up 0.0%

OPER traded up $0.03 during trading on Friday, reaching $100.31. The company had a trading volume of 2,651 shares, compared to its average volume of 13,103. The firm’s 50-day simple moving average is $100.19 and its 200 day simple moving average is $100.18. ClearShares Ultra-Short Maturity ETF has a 12-month low of $99.88 and a 12-month high of $100.54.

Institutional Inflows and Outflows

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

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.