OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Sees Large Growth in Short Interest

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) was the recipient of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 67,838 shares, an increase of 2,975.2% from the October 15th total of 2,206 shares. Based on an average daily volume of 126,277 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Harbour Investments Inc. bought a new position in OneAscent Core Plus Bond ETF in the 3rd quarter worth about $49,000. CX Institutional bought a new position in shares of OneAscent Core Plus Bond ETF in the third quarter worth about $168,000. EverSource Wealth Advisors LLC lifted its holdings in OneAscent Core Plus Bond ETF by 166.6% during the first quarter. EverSource Wealth Advisors LLC now owns 10,459 shares of the company’s stock valued at $238,000 after purchasing an additional 6,536 shares in the last quarter. Finally, Mascoma Wealth Management LLC lifted its stake in shares of OneAscent Core Plus Bond ETF by 1,021.9% during the 3rd quarter. Mascoma Wealth Management LLC now owns 35,318 shares of the company’s stock valued at $764,000 after buying an additional 32,170 shares in the last quarter.

OneAscent Core Plus Bond ETF Price Performance

OneAscent Core Plus Bond ETF stock opened at $21.99 on Thursday. OneAscent Core Plus Bond ETF has a fifty-two week low of $21.58 and a fifty-two week high of $23.31. The stock’s 50 day simple moving average is $21.97 and its two-hundred day simple moving average is $22.55.

OneAscent Core Plus Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 3rd. Stockholders of record on Thursday, October 29th were issued a dividend of $0.0914 per share. This is a boost from OneAscent Core Plus Bond ETF’s previous monthly dividend of $0.0803. The ex-dividend date was Thursday, October 29th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 5.0%.

About OneAscent Core Plus Bond ETF

The OneAscent Core Plus Bond ETF (OACP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that provides exposure to debt securities of any maturity while applying special consideration to values-based and proprietary impact criteria. OACP was launched on Mar 30, 2022 and is managed by Oneascent.