OneAscent Emerging Markets ETF (NYSEARCA:OAEM – Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 11,520 shares, an increase of 419.4% from the April 30th total of 2,218 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 85,759 shares, the short-interest ratio is presently 0.1 days.
OneAscent Emerging Markets ETF Trading Up 0.7%
NYSEARCA:OAEM traded up $0.32 during mid-day trading on Thursday, reaching $48.92. 13,068 shares of the stock were exchanged, compared to its average volume of 22,661. The business has a fifty day moving average price of $44.45 and a 200 day moving average price of $40.66. The firm has a market capitalization of $108.60 million, a PE ratio of 13.87 and a beta of 0.89. OneAscent Emerging Markets ETF has a 1-year low of $30.45 and a 1-year high of $49.31.
Hedge Funds Weigh In On OneAscent Emerging Markets ETF
An institutional investor recently raised its position in OneAscent Emerging Markets ETF stock. Creative Financial Designs Inc. ADV lifted its stake in OneAscent Emerging Markets ETF (NYSEARCA:OAEM – Free Report) by 50.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,252 shares of the company’s stock after purchasing an additional 3,112 shares during the quarter. Creative Financial Designs Inc. ADV owned 0.49% of OneAscent Emerging Markets ETF worth $318,000 as of its most recent filing with the Securities & Exchange Commission.
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.
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