Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) Short Interest Up 43.1% in February

Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 1,813 shares, an increase of 43.1% from the February 12th total of 1,267 shares. Based on an average trading volume of 10,585 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 10,585 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Sovereigns Capital Flourish Fund

Several institutional investors have recently modified their holdings of the stock. CreativeOne Wealth LLC boosted its holdings in shares of Sovereigns Capital Flourish Fund by 5.4% in the 2nd quarter. CreativeOne Wealth LLC now owns 229,864 shares of the company’s stock valued at $6,933,000 after buying an additional 11,735 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Sovereigns Capital Flourish Fund by 8.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 851,892 shares of the company’s stock worth $25,693,000 after acquiring an additional 64,460 shares in the last quarter. Brown Advisory Inc. purchased a new stake in Sovereigns Capital Flourish Fund in the second quarter valued at $560,000. Keel Point LLC boosted its stake in Sovereigns Capital Flourish Fund by 26.2% in the second quarter. Keel Point LLC now owns 61,825 shares of the company’s stock valued at $1,865,000 after acquiring an additional 12,817 shares in the last quarter. Finally, Cornerstone Management Inc. boosted its stake in Sovereigns Capital Flourish Fund by 1.1% in the third quarter. Cornerstone Management Inc. now owns 544,711 shares of the company’s stock valued at $16,496,000 after acquiring an additional 6,098 shares in the last quarter.

Sovereigns Capital Flourish Fund Stock Performance

Shares of NYSEARCA SOVF remained flat at $27.24 during midday trading on Friday. The stock had a trading volume of 52,907 shares, compared to its average volume of 11,153. Sovereigns Capital Flourish Fund has a 1-year low of $25.70 and a 1-year high of $31.38. The company has a market cap of $93.43 million, a P/E ratio of 21.31 and a beta of 1.11. The firm has a fifty day simple moving average of $29.15 and a two-hundred day simple moving average of $29.38.

Sovereigns Capital Flourish Fund Dividend Announcement

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

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.