ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Short Interest Up 332.4% in April

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 9,846 shares, an increase of 332.4% from the April 15th total of 2,277 shares. Based on an average trading volume of 22,057 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.7% of the shares of the stock are sold short.

Hedge Funds Weigh In On ClearShares Ultra-Short Maturity ETF

A hedge fund recently raised its stake in ClearShares Ultra-Short Maturity ETF stock. JPMorgan Chase & Co. raised its stake in ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) by 128.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund 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 trading on Thursday, reaching $100.16. The company had a trading volume of 6,153 shares, compared to its average volume of 14,077. ClearShares Ultra-Short Maturity ETF has a twelve month low of $99.88 and a twelve month high of $100.54. The stock has a 50-day moving average price of $100.20 and a two-hundred day moving average price of $100.17.

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.