Short Interest in OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Drops By 63.9%

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 1,394 shares, a drop of 63.9% from the February 26th total of 3,862 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 10,922 shares, the days-to-cover ratio is currently 0.1 days.

OneAscent Emerging Markets ETF Stock Performance

NYSEARCA OAEM traded down $1.51 on Thursday, reaching $39.50. 4,090 shares of the stock traded hands, compared to its average volume of 10,286. OneAscent Emerging Markets ETF has a 12 month low of $25.86 and a 12 month high of $45.97. The company has a market cap of $86.90 million, a price-to-earnings ratio of 13.87 and a beta of 0.79. The company has a fifty day moving average price of $41.79 and a 200-day moving average price of $37.48.

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 issued a $0.2828 dividend. This represents a dividend yield of 77.0%. The ex-dividend date was Tuesday, December 30th.

Institutional Trading of OneAscent Emerging Markets ETF

An institutional investor recently raised its position in OneAscent Emerging Markets ETF stock. EverSource Wealth Advisors LLC lifted its holdings in OneAscent Emerging Markets ETF (NYSEARCA:OAEM) by 31.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,208 shares of the company’s stock after purchasing an additional 525 shares during the quarter. EverSource Wealth Advisors LLC owned about 0.10% of OneAscent Emerging Markets ETF worth $81,000 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.