Short Interest in OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Increases By 27.1%

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 3,862 shares, an increase of 27.1% from the February 12th total of 3,038 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 9,659 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 9,659 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

OneAscent Emerging Markets ETF Trading Up 4.4%

Shares of OAEM traded up $1.75 during trading hours on Tuesday, reaching $41.62. 804 shares of the stock traded hands, compared to its average volume of 10,922. OneAscent Emerging Markets ETF has a 52 week low of $25.86 and a 52 week high of $45.97. The stock has a fifty day simple moving average of $41.41 and a 200 day simple moving average of $37.08. The company has a market cap of $91.56 million, a price-to-earnings ratio of 13.87 and a beta of 0.79.

OneAscent Emerging Markets ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Monday, January 5th. Investors of record on Tuesday, December 30th were paid a dividend of $0.2828 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 77.0%.

Hedge Funds Weigh In On OneAscent Emerging Markets ETF

A hedge fund recently raised its stake in OneAscent Emerging Markets ETF stock. Creative Financial Designs Inc. ADV grew its stake in shares of OneAscent Emerging Markets ETF (NYSEARCA:OAEM) by 14.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,544 shares of the company’s stock after acquiring an additional 1,292 shares during the quarter. Creative Financial Designs Inc. ADV owned about 0.48% of OneAscent Emerging Markets ETF worth $386,000 as of its most recent SEC filing.

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.