Short Interest in ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Expands By 1,706.8%

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 10,154 shares, a growth of 1,706.8% from the November 30th total of 562 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 6,970 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily trading volume, of 6,970 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.9% of the company’s shares are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ClearShares Ultra-Short Maturity ETF stock. Flow Traders U.S. LLC bought a new position in shares of ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 98,162 shares of the company’s stock, valued at approximately $9,833,000. Flow Traders U.S. LLC owned 7.27% of ClearShares Ultra-Short Maturity ETF as of its most recent SEC filing.

ClearShares Ultra-Short Maturity ETF Price Performance

OPER traded up $0.03 during mid-day trading on Wednesday, hitting $100.28. 2,615 shares of the stock were exchanged, compared to its average volume of 9,924. The firm’s fifty day moving average is $100.17 and its two-hundred day moving average is $100.24. ClearShares Ultra-Short Maturity ETF has a 1-year low of $99.42 and a 1-year high of $100.59.

ClearShares Ultra-Short Maturity ETF Company Profile

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.