Short Interest in OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Increases By 1,058.7%

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 5,017 shares, an increase of 1,058.7% from the May 31st total of 433 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 13,270 shares, the days-to-cover ratio is currently 0.4 days.

OneAscent Emerging Markets ETF Stock Up 2.0%

Shares of NYSEARCA:OAEM opened at $49.60 on Friday. The company has a market cap of $110.11 million, a price-to-earnings ratio of 13.87 and a beta of 0.89. The firm’s 50-day simple moving average is $47.68 and its 200-day simple moving average is $42.80. OneAscent Emerging Markets ETF has a fifty-two week low of $32.12 and a fifty-two week high of $51.84.

Institutional Investors Weigh In On OneAscent Emerging Markets ETF

An institutional investor recently raised its position in OneAscent Emerging Markets ETF stock. EverSource Wealth Advisors LLC lifted its holdings in shares of OneAscent Emerging Markets ETF (NYSEARCA:OAEM) by 104.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,683 shares of the company’s stock after buying 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 Company Profile

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.