OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Short Interest Update

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) saw a significant decline in short interest in March. As of March 31st, there was short interest totaling 19,583 shares, a decline of 14.2% from the March 15th total of 22,815 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 37,845 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On OneAscent Core Plus Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its position in shares of OneAscent Core Plus Bond ETF by 107.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,923 shares of the company’s stock worth $90,000 after acquiring an additional 2,035 shares during the last quarter. Winnow Wealth LLC acquired a new stake in OneAscent Core Plus Bond ETF during the 3rd quarter valued at approximately $154,000. Finally, Strategic Blueprint LLC increased its holdings in OneAscent Core Plus Bond ETF by 13.3% during the 3rd quarter. Strategic Blueprint LLC now owns 19,375 shares of the company’s stock worth $447,000 after purchasing an additional 2,274 shares during the last quarter.

OneAscent Core Plus Bond ETF Stock Performance

Shares of NYSEARCA:OACP traded up $0.09 during mid-day trading on Friday, hitting $22.97. 5,267 shares of the company traded hands, compared to its average volume of 45,019. The firm’s 50 day simple moving average is $22.96 and its 200 day simple moving average is $23.06. OneAscent Core Plus Bond ETF has a 52-week low of $22.29 and a 52-week high of $23.77.

OneAscent Core Plus Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Thursday, February 26th were issued a dividend of $0.0756 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Thursday, February 26th. This is a positive change from OneAscent Core Plus Bond ETF’s previous monthly dividend of $0.08.

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.