ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Short Interest Update

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 11,497 shares, an increase of 591.3% from the January 29th total of 1,663 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average trading volume of 10,239 shares, the short-interest ratio is currently 1.1 days. Based on an average trading volume of 10,239 shares, the short-interest ratio is currently 1.1 days. Approximately 1.0% of the company’s stock are sold short.

ClearShares Ultra-Short Maturity ETF Stock Up 0.0%

OPER stock traded up $0.03 during midday trading on Friday, reaching $100.07. The company had a trading volume of 4,383 shares, compared to its average volume of 9,215. ClearShares Ultra-Short Maturity ETF has a 1 year low of $99.42 and a 1 year high of $100.54. The company has a 50 day moving average of $100.17 and a two-hundred day moving average of $100.20.

ClearShares Ultra-Short Maturity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Thursday, February 26th will be given a dividend of $0.27 per share. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Thursday, February 26th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Flow Traders U.S. LLC acquired a new position in shares of ClearShares Ultra-Short Maturity ETF in the 2nd quarter valued at $9,833,000. JPMorgan Chase & Co. boosted its stake in ClearShares Ultra-Short Maturity ETF by 128.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,989 shares of the company’s stock valued at $600,000 after buying an additional 3,373 shares in the last quarter. Finally, Advisors Preferred LLC bought a new stake in ClearShares Ultra-Short Maturity ETF in the fourth quarter valued at $48,000.

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.