ClearShares OCIO ETF (NYSEARCA:OCIO) Short Interest Update

ClearShares OCIO ETF (NYSEARCA:OCIO) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 3,795 shares, a decline of 63.8% from the April 30th total of 10,482 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 3,005 shares, the days-to-cover ratio is presently 1.3 days.

Hedge Funds Weigh In On ClearShares OCIO ETF

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

ClearShares OCIO ETF Price Performance

NYSEARCA OCIO traded down $0.04 during trading on Friday, reaching $37.72. 3,716 shares of the company’s stock were exchanged, compared to its average volume of 10,417. The business has a 50 day moving average price of $35.83 and a 200-day moving average price of $36.03. The stock has a market capitalization of $184.83 million, a P/E ratio of 21.96 and a beta of 0.59. ClearShares OCIO ETF has a fifty-two week low of $33.37 and a fifty-two week high of $38.20.

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.