OneAscent Large Cap Core ETF (NYSEARCA:OALC) Short Interest Update

OneAscent Large Cap Core ETF (NYSEARCA:OALC) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 46,333 shares, a growth of 83.3% from the May 14th total of 25,280 shares. Based on an average trading volume of 20,004 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.8% of the company’s stock are sold short.

OneAscent Large Cap Core ETF Stock Performance

Shares of NYSEARCA OALC traded up $0.84 during mid-day trading on Monday, reaching $41.14. The company had a trading volume of 2,540 shares, compared to its average volume of 19,667. OneAscent Large Cap Core ETF has a twelve month low of $30.97 and a twelve month high of $41.27. The stock has a market capitalization of $234.50 million, a PE ratio of 25.77 and a beta of 0.95. The stock’s 50 day moving average is $38.68 and its 200-day moving average is $36.70.

Hedge Funds Weigh In On OneAscent Large Cap Core ETF

Several hedge funds have recently bought and sold shares of OALC. OneAscent Financial Services LLC increased its position in OneAscent Large Cap Core ETF by 103.3% during the fourth quarter. OneAscent Financial Services LLC now owns 2,545,390 shares of the company’s stock worth $90,234,000 after buying an additional 1,293,607 shares during the last quarter. OneAscent Wealth Management LLC increased its position in OneAscent Large Cap Core ETF by 8.6% during the fourth quarter. OneAscent Wealth Management LLC now owns 1,161,419 shares of the company’s stock worth $41,172,000 after buying an additional 92,137 shares during the last quarter. TrueWealth Advisors LLC increased its position in OneAscent Large Cap Core ETF by 15.2% during the fourth quarter. TrueWealth Advisors LLC now owns 115,171 shares of the company’s stock worth $4,083,000 after buying an additional 15,235 shares during the last quarter. RFG Advisory LLC increased its position in OneAscent Large Cap Core ETF by 8.1% during the first quarter. RFG Advisory LLC now owns 83,994 shares of the company’s stock worth $2,879,000 after buying an additional 6,314 shares during the last quarter. Finally, First Heartland Consultants Inc. increased its position in OneAscent Large Cap Core ETF by 0.8% during the fourth quarter. First Heartland Consultants Inc. now owns 65,955 shares of the company’s stock worth $2,338,000 after buying an additional 549 shares during the last quarter.

About OneAscent Large Cap Core ETF

The OneAscent Large Cap Core ETF (OALC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap companies screened and selected for its value-based philosophy and fundamental evaluation. The fund seeks capital appreciation. OALC was launched on Nov 16, 2021 and is managed by Oneascent.