ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) Sees Large Drop in Short Interest

ClearShares Ultra-Short Maturity ETF (NYSEARCA:OPER) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 3,381 shares, a decline of 76.3% from the September 30th total of 14,262 shares. Based on an average daily volume of 4,014 shares, the short-interest ratio is presently 0.8 days. Currently, 0.3% of the shares of the stock are sold short.

ClearShares Ultra-Short Maturity ETF Stock Performance

OPER traded down $0.25 during trading on Thursday, reaching $100.07. The stock had a trading volume of 11,552 shares, compared to its average volume of 10,319. ClearShares Ultra-Short Maturity ETF has a 1-year low of $99.88 and a 1-year high of $100.44. The stock has a 50 day moving average of $100.20 and a two-hundred day moving average of $100.19.

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.