Short Interest in ClearShares OCIO ETF (NYSEARCA:OCIO) Rises By 120.3%

ClearShares OCIO ETF (NYSEARCA:OCIO) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 10,482 shares, a growth of 120.3% from the April 15th total of 4,757 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 1,763 shares, the short-interest ratio is currently 5.9 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ClearShares OCIO ETF stock. Janney Montgomery Scott LLC raised its stake in ClearShares OCIO ETF (NYSEARCA:OCIO) by 1.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 32,162 shares of the company’s stock after buying an additional 364 shares during the quarter. Janney Montgomery Scott LLC owned 0.67% of ClearShares OCIO ETF worth $1,116,000 at the end of the most recent reporting period.

ClearShares OCIO ETF Stock Performance

NYSEARCA:OCIO traded down $0.47 during trading hours on Friday, hitting $36.76. 332 shares of the company’s stock traded hands, compared to its average volume of 6,405. The firm has a market cap of $180.12 million, a P/E ratio of 21.96 and a beta of 0.59. ClearShares OCIO ETF has a twelve month low of $33.37 and a twelve month high of $38.20. The stock’s fifty day moving average price is $35.35 and its two-hundred day moving average price is $36.05.

About ClearShares OCIO ETF

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.