Short Interest in ClearShares OCIO ETF (NYSEARCA:OCIO) Declines By 48.2%

ClearShares OCIO ETF (NYSEARCA:OCIO) was the target of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 2,257 shares, a decline of 48.2% from the January 29th total of 4,355 shares. Based on an average trading volume of 2,741 shares, the short-interest ratio is presently 0.8 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 2,741 shares, the short-interest ratio is presently 0.8 days.

ClearShares OCIO ETF Trading Down 0.2%

ClearShares OCIO ETF stock opened at $35.87 on Friday. ClearShares OCIO ETF has a 12-month low of $30.60 and a 12-month high of $38.20. The firm has a 50-day moving average price of $35.74 and a 200-day moving average price of $36.62. The firm has a market capitalization of $172.18 million, a PE ratio of 21.96 and a beta of 0.59.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ClearShares OCIO ETF stock. Janney Montgomery Scott LLC grew 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 disclosure with the SEC. 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 0.67% of ClearShares OCIO ETF worth $1,116,000 at the end of the most recent reporting period.

ClearShares OCIO ETF Company Profile

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.