OneAscent International Equity ETF (NYSEARCA:OAIM) Short Interest Down 53.5% in May

OneAscent International Equity ETF (NYSEARCA:OAIM) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 28,506 shares, a decrease of 53.5% from the April 30th total of 61,337 shares. Based on an average daily volume of 29,737 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.4% of the shares of the company are short sold.

OneAscent International Equity ETF Trading Up 0.1%

Shares of OAIM stock traded up $0.07 during mid-day trading on Friday, reaching $47.30. The stock had a trading volume of 13,804 shares, compared to its average volume of 30,521. The business’s fifty day moving average is $45.38 and its 200-day moving average is $43.56. The firm has a market cap of $354.75 million, a price-to-earnings ratio of 16.77 and a beta of 0.75. OneAscent International Equity ETF has a 1-year low of $36.50 and a 1-year high of $49.73.

Institutional Trading of OneAscent International Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in OAIM. EverSource Wealth Advisors LLC raised its holdings in shares of OneAscent International Equity ETF by 100.7% during the first quarter. EverSource Wealth Advisors LLC now owns 30,491 shares of the company’s stock worth $1,313,000 after purchasing an additional 15,297 shares during the last quarter. Cornerstone Financial Management LLC purchased a new stake in OneAscent International Equity ETF in the fourth quarter valued at $1,142,000. Flow Traders U.S. LLC purchased a new stake in OneAscent International Equity ETF in the third quarter valued at $330,000. Finally, JPMorgan Chase & Co. boosted its holdings in OneAscent International Equity ETF by 178,333.3% in the third quarter. JPMorgan Chase & Co. now owns 5,353 shares of the company’s stock valued at $215,000 after purchasing an additional 5,350 shares during the last quarter.

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.