OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Short Interest Update

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 6,987 shares, a growth of 124.7% from the July 30th total of 3,110 shares. Based on an average trading volume of 10,147 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Investors Weigh In On OneAscent Emerging Markets ETF

Several institutional investors have recently made changes to their positions in the company. Trust Co. of Vermont acquired a new position in OneAscent Emerging Markets ETF in the second quarter worth approximately $79,000. EverSource Wealth Advisors LLC grew its position in OneAscent Emerging Markets ETF by 31.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,208 shares of the company’s stock worth $81,000 after acquiring an additional 525 shares in the last quarter. Creative Financial Designs Inc. ADV grew its position in OneAscent Emerging Markets ETF by 14.0% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 10,544 shares of the company’s stock worth $386,000 after acquiring an additional 1,292 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of OneAscent Emerging Markets ETF during the 2nd quarter worth $1,435,000.

OneAscent Emerging Markets ETF Stock Performance

Shares of NYSEARCA:OAEM traded down $0.51 during midday trading on Friday, hitting $48.68. 3,777 shares of the stock were exchanged, compared to its average volume of 18,070. The company has a market capitalization of $129.98 million, a PE ratio of 13.87 and a beta of 0.90. OneAscent Emerging Markets ETF has a 52-week low of $32.12 and a 52-week high of $51.84. The business’s fifty day simple moving average is $47.86 and its two-hundred day simple moving average is $45.88.

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.