OneAscent International Equity ETF (NYSEARCA:OAIM) Shares Shorted: Short Interest Up 100.5% in October

OneAscent International Equity ETF (NYSEARCA:OAIM) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 35,553 shares, an increase of 100.5% from the September 30th total of 17,735 shares. Based on an average trading volume of 45,738 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the shares of the company are short sold.

Institutional Investors Weigh In On OneAscent International Equity ETF

An institutional investor recently raised its position in OneAscent International Equity ETF stock. Cornerstone Financial Management LLC grew its holdings in OneAscent International Equity ETF (NYSEARCA:OAIM) by 22.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,087 shares of the company’s stock after acquiring an additional 7,509 shares during the period. OneAscent International Equity ETF comprises about 1.6% of Cornerstone Financial Management LLC’s investment portfolio, making the stock its 18th biggest position. Cornerstone Financial Management LLC owned about 0.53% of OneAscent International Equity ETF worth $1,965,000 at the end of the most recent quarter.

OneAscent International Equity ETF Stock Performance

Shares of OAIM traded down $0.84 during mid-day trading on Friday, reaching $45.60. The stock had a trading volume of 23,522 shares, compared to its average volume of 26,925. The business has a fifty day moving average of $47.62 and a 200 day moving average of $46.13. The firm has a market cap of $382.13 million, a price-to-earnings ratio of 16.77 and a beta of 0.75. OneAscent International Equity ETF has a 12 month low of $38.83 and a 12 month high of $50.65.

OneAscent International Equity ETF Company Profile

The OneAscent International Equity ETF (OAIM) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in an equity portfolio of large- and mid-cap non-US companies. The fund combines an ESG screening methodology with its fundamental investment process OAIM was launched on Sep 15, 2022 and is managed by Oneascent.