OneAscent International Equity ETF (NYSEARCA:OAIM) Sees Significant Growth in Short Interest

OneAscent International Equity ETF (NYSEARCA:OAIM) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 30,727 shares, a growth of 70.2% from the May 31st total of 18,053 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 17,512 shares, the short-interest ratio is presently 1.8 days.

OneAscent International Equity ETF Stock Performance

Shares of NYSEARCA OAIM traded down $0.50 during trading hours on Thursday, hitting $46.52. The company’s stock had a trading volume of 15,381 shares, compared to its average volume of 28,666. OneAscent International Equity ETF has a 12 month low of $37.63 and a 12 month high of $50.14. The stock has a market cap of $361.93 million, a price-to-earnings ratio of 16.77 and a beta of 0.73. The business has a 50-day simple moving average of $46.82 and a 200-day simple moving average of $44.74.

Institutional Investors Weigh In On OneAscent International Equity ETF

A number of large investors have recently made changes to their positions in OAIM. JPMorgan Chase & Co. increased its stake in shares of OneAscent International Equity ETF by 178,333.3% during the third quarter. JPMorgan Chase & Co. now owns 5,353 shares of the company’s stock valued at $215,000 after buying an additional 5,350 shares during the period. Flow Traders U.S. LLC bought a new stake in OneAscent International Equity ETF in the third quarter valued at $330,000. EverSource Wealth Advisors LLC boosted its holdings in OneAscent International Equity ETF by 1,326.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 15,194 shares of the company’s stock valued at $629,000 after acquiring an additional 14,129 shares in the last quarter. Finally, Cornerstone Financial Management LLC bought a new stake in OneAscent International Equity ETF in the fourth quarter valued at $1,142,000.

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.