Short Interest in OneAscent Large Cap Core ETF (NYSEARCA:OALC) Grows By 56.5%

OneAscent Large Cap Core ETF (NYSEARCA:OALC) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 23,856 shares, an increase of 56.5% from the February 12th total of 15,240 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 21,956 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily trading volume, of 21,956 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.4% of the shares of the stock are sold short.

OneAscent Large Cap Core ETF Price Performance

Shares of OALC traded down $0.03 on Friday, hitting $34.79. The company’s stock had a trading volume of 25,650 shares, compared to its average volume of 19,091. The company has a 50 day moving average price of $35.95 and a 200 day moving average price of $35.34. OneAscent Large Cap Core ETF has a fifty-two week low of $25.05 and a fifty-two week high of $36.82. The company has a market capitalization of $192.39 million, a PE ratio of 25.77 and a beta of 0.93.

OneAscent Large Cap Core ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Monday, January 5th. Shareholders of record on Tuesday, December 30th were given a dividend of $0.2152 per share. The ex-dividend date was Tuesday, December 30th. This represents a yield of 60.0%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. OneAscent Financial Services LLC raised its holdings in shares of OneAscent Large Cap Core ETF by 103.3% in the fourth quarter. OneAscent Financial Services LLC now owns 2,545,390 shares of the company’s stock valued at $90,234,000 after purchasing an additional 1,293,607 shares during the last quarter. OneAscent Wealth Management LLC raised its position in shares of OneAscent Large Cap Core ETF by 8.6% in the fourth quarter. OneAscent Wealth Management LLC now owns 1,161,419 shares of the company’s stock valued at $41,172,000 after purchasing an additional 92,137 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of OneAscent Large Cap Core ETF by 249.2% during the third quarter. Envestnet Asset Management Inc. now owns 44,887 shares of the company’s stock worth $1,562,000 after acquiring an additional 32,033 shares during the period. LPL Financial LLC grew its holdings in OneAscent Large Cap Core ETF by 90.1% in the 4th quarter. LPL Financial LLC now owns 58,517 shares of the company’s stock valued at $2,074,000 after buying an additional 27,740 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of OneAscent Large Cap Core ETF in the fourth quarter valued at about $676,000.

About OneAscent Large Cap Core ETF

The OneAscent Large Cap Core ETF (OALC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap companies screened and selected for its value-based philosophy and fundamental evaluation. The fund seeks capital appreciation. OALC was launched on Nov 16, 2021 and is managed by Oneascent.