Short Interest in OneAscent Large Cap Core ETF (NYSEARCA:OALC) Declines By 33.9%

OneAscent Large Cap Core ETF (NYSEARCA:OALC) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 13,315 shares, a decline of 33.9% from the December 15th total of 20,150 shares. Based on an average trading volume of 14,658 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 14,658 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Values First Advisors Inc. bought a new stake in shares of OneAscent Large Cap Core ETF during the third quarter valued at approximately $139,000. Equitable Holdings Inc. acquired a new stake in OneAscent Large Cap Core ETF in the 3rd quarter valued at $247,000. Plan A Wealth LLC bought a new stake in OneAscent Large Cap Core ETF during the 3rd quarter valued at $282,000. Security Financial Services INC. bought a new stake in OneAscent Large Cap Core ETF during the 3rd quarter valued at $341,000. Finally, Envestnet Asset Management Inc. acquired a new position in OneAscent Large Cap Core ETF during the second quarter worth $417,000.

OneAscent Large Cap Core ETF Trading Down 0.1%

NYSEARCA OALC traded down $0.04 on Friday, hitting $36.19. 14,544 shares of the company were exchanged, compared to its average volume of 13,159. The company has a market cap of $199.05 million, a PE ratio of 25.77 and a beta of 0.93. The stock has a fifty day moving average of $35.53 and a 200-day moving average of $34.58. OneAscent Large Cap Core ETF has a 12 month low of $25.05 and a 12 month high of $36.82.

OneAscent Large Cap Core ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Monday, January 5th. Investors of record on Tuesday, December 30th were given a $0.2152 dividend. This represents a yield of 60.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

About OneAscent Large Cap Core ETF

The OneAscent Large Cap Core ETF (OALC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap companies screened and selected for its value-based philosophy and fundamental evaluation. The fund seeks capital appreciation. OALC was launched on Nov 16, 2021 and is managed by Oneascent.