ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Short Interest Up 542.5% in June

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 1,240 shares, a growth of 542.5% from the May 31st total of 193 shares. Based on an average daily volume of 8,397 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

ClearShares Ultra-Short Maturity ETF Stock Performance

Shares of OPER traded up $0.01 on Friday, reaching $100.29. The company’s stock had a trading volume of 1,608 shares, compared to its average volume of 13,094. The stock’s 50 day simple moving average is $100.19 and its two-hundred day simple moving average is $100.18. ClearShares Ultra-Short Maturity ETF has a 12-month low of $99.88 and a 12-month high of $100.54.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ClearShares Ultra-Short Maturity ETF stock. Advisors Preferred LLC purchased a new stake in shares of ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 484 shares of the company’s stock, valued at approximately $48,000.

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.