Short Interest in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Rises By 252.4%

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 65,435 shares, an increase of 252.4% from the August 15th total of 18,569 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 51,039 shares, the days-to-cover ratio is currently 1.3 days.

OneAscent Core Plus Bond ETF Stock Down 0.0%

Shares of NYSEARCA:OACP traded down $0.01 during trading on Friday, reaching $22.10. The stock had a trading volume of 33,519 shares, compared to its average volume of 49,555. The firm’s 50-day simple moving average is $22.44 and its 200 day simple moving average is $22.67. OneAscent Core Plus Bond ETF has a one year low of $22.09 and a one year high of $23.77.

OneAscent Core Plus Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Thursday, July 30th were paid a $0.088 dividend. This represents a c) annualized dividend and a yield of 4.8%. This is a positive change from OneAscent Core Plus Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Thursday, July 30th.

Hedge Funds Weigh In On OneAscent Core Plus Bond ETF

An institutional investor recently raised its position in OneAscent Core Plus Bond ETF stock. EverSource Wealth Advisors LLC grew its holdings in shares of OneAscent Core Plus Bond ETF (NYSEARCA:OACP) by 107.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,923 shares of the company’s stock after purchasing an additional 2,035 shares during the period. EverSource Wealth Advisors LLC’s holdings in OneAscent Core Plus Bond ETF were worth $90,000 at the end of the most recent quarter.

About OneAscent Core Plus Bond ETF

The OneAscent Core Plus Bond ETF (OACP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that provides exposure to debt securities of any maturity while applying special consideration to values-based and proprietary impact criteria. OACP was launched on Mar 30, 2022 and is managed by Oneascent.