Short Interest in ClearShares OCIO ETF (NYSEARCA:OCIO) Rises By 24.3%

ClearShares OCIO ETF (NYSEARCA:OCIO) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 4,355 shares, a growth of 24.3% from the January 15th total of 3,505 shares. Based on an average daily volume of 1,576 shares, the days-to-cover ratio is currently 2.8 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 1,576 shares, the days-to-cover ratio is currently 2.8 days.

ClearShares OCIO ETF Stock Up 0.6%

Shares of ClearShares OCIO ETF stock traded up $0.23 during mid-day trading on Wednesday, hitting $35.72. The stock had a trading volume of 144 shares, compared to its average volume of 12,679. The firm has a 50-day moving average of $36.01 and a two-hundred day moving average of $36.63. ClearShares OCIO ETF has a 12-month low of $30.60 and a 12-month high of $38.20. The firm has a market cap of $171.44 million, a P/E ratio of 21.96 and a beta of 0.59.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ClearShares OCIO ETF stock. Janney Montgomery Scott LLC grew its stake in ClearShares OCIO ETF (NYSEARCA:OCIO) by 1.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 32,162 shares of the company’s stock after acquiring an additional 364 shares during the period. 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 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.