Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) Short Interest Down 49.4% in February

Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) was the recipient of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 1,267 shares, a decrease of 49.4% from the January 29th total of 2,502 shares. Based on an average trading volume of 13,108 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 13,108 shares, the short-interest ratio is currently 0.1 days.

Sovereigns Capital Flourish Fund Stock Performance

Shares of SOVF traded down $0.08 during trading hours on Friday, hitting $28.34. The company had a trading volume of 3,126 shares, compared to its average volume of 10,744. The stock has a market capitalization of $97.21 million, a price-to-earnings ratio of 21.31 and a beta of 1.11. The firm has a fifty day moving average price of $29.45 and a 200-day moving average price of $29.57. Sovereigns Capital Flourish Fund has a 52-week low of $25.70 and a 52-week high of $31.73.

Sovereigns Capital Flourish Fund Announces Dividend

The company also recently declared an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.2256 per share. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 77.0%.

Hedge Funds Weigh In On Sovereigns Capital Flourish Fund

Hedge funds have recently bought and sold shares of the business. Bank of America Corp DE purchased a new position in shares of Sovereigns Capital Flourish Fund during the 3rd quarter worth $25,000. Operose Advisors LLC increased its stake in shares of Sovereigns Capital Flourish Fund by 30.6% in the 4th quarter. Operose Advisors LLC now owns 2,016 shares of the company’s stock worth $59,000 after purchasing an additional 472 shares in the last quarter. Aptus Capital Advisors LLC bought a new position in Sovereigns Capital Flourish Fund in the 3rd quarter worth $60,000. AIFG Consultants Ltd. bought a new stake in Sovereigns Capital Flourish Fund during the fourth quarter valued at about $222,000. Finally, OneAscent Family Office LLC bought a new stake in Sovereigns Capital Flourish Fund during the second quarter valued at about $225,000.

Sovereigns Capital Flourish Fund Company Profile

The Sovereign’s Capital Flourish Fund (SOVF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in 80 to 100 US companies whose leaders seek to build corporate cultures based on biblical values. SOVF was launched on Oct 3, 2023 and is issued by Sovereign’s.