Short Interest in ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Declines By 33.1%

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 166 shares, a drop of 33.1% from the June 30th total of 248 shares. Based on an average daily volume of 7,498 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ClearShares Ultra-Short Maturity ETF stock. Advisors Preferred LLC acquired a new stake in ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 484 shares of the company’s stock, valued at approximately $48,000.

ClearShares Ultra-Short Maturity ETF Trading Down 0.3%

Shares of OPER stock opened at $100.03 on Friday. The firm has a fifty day moving average price of $100.19 and a 200 day moving average price of $100.19. ClearShares Ultra-Short Maturity ETF has a 12 month low of $99.88 and a 12 month high of $100.47.

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.