Short Interest in OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Increases By 513.7%

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 3,038 shares, an increase of 513.7% from the January 29th total of 495 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 10,659 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 10,659 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On OneAscent Emerging Markets ETF

An institutional investor recently raised its position in OneAscent Emerging Markets ETF stock. EverSource Wealth Advisors LLC increased its holdings in shares of OneAscent Emerging Markets ETF (NYSEARCA:OAEM) by 104.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,683 shares of the company’s stock after acquiring an additional 861 shares during the period. EverSource Wealth Advisors LLC owned about 0.09% of OneAscent Emerging Markets ETF worth $58,000 at the end of the most recent reporting period.

OneAscent Emerging Markets ETF Stock Performance

Shares of NYSEARCA:OAEM traded up $0.29 during trading on Wednesday, hitting $45.13. 6,272 shares of the stock were exchanged, compared to its average volume of 11,151. The company has a market capitalization of $99.29 million, a price-to-earnings ratio of 13.87 and a beta of 0.79. OneAscent Emerging Markets ETF has a 1-year low of $25.86 and a 1-year high of $45.51. The company’s fifty day simple moving average is $39.88 and its 200-day simple moving average is $36.20.

OneAscent Emerging Markets ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Monday, January 5th. Shareholders of record on Tuesday, December 30th were issued a $0.2828 dividend. This represents a yield of 77.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

About OneAscent Emerging Markets ETF

The OneAscent Emerging Markets ETF (OAEM) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in an equity portfolio of large-, mid-, and small-cap emerging market companies. The fund combines an ESG screening methodology with its fundamental investment process. OAEM was launched on Sep 15, 2022 and is managed by Oneascent.