OneAscent International Equity ETF (NYSEARCA:OAIM) Short Interest Down 45.6% in August

OneAscent International Equity ETF (NYSEARCA:OAIM) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 48,321 shares, a decline of 45.6% from the July 30th total of 88,764 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily volume of 14,906 shares, the days-to-cover ratio is presently 3.2 days.

Hedge Funds Weigh In On OneAscent International Equity ETF

Several institutional investors have recently added to or reduced their stakes in OAIM. Cornerstone Financial Management LLC grew its position in shares of OneAscent International Equity ETF by 22.4% during the 2nd quarter. Cornerstone Financial Management LLC now owns 41,087 shares of the company’s stock worth $1,965,000 after buying an additional 7,509 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of OneAscent International Equity ETF by 100.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 30,491 shares of the company’s stock valued at $1,313,000 after acquiring an additional 15,297 shares during the period. Flow Traders U.S. LLC bought a new position in OneAscent International Equity ETF during the third quarter worth $330,000. Finally, JPMorgan Chase & Co. boosted its stake in 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 worth $215,000 after acquiring an additional 5,350 shares in the last quarter.

OneAscent International Equity ETF Price Performance

Shares of OneAscent International Equity ETF stock traded up $0.17 on Monday, hitting $48.42. 32,393 shares of the company’s stock traded hands, compared to its average volume of 26,932. OneAscent International Equity ETF has a one year low of $38.45 and a one year high of $50.31. The company has a fifty day moving average of $47.04 and a two-hundred day moving average of $46.07. The company has a market capitalization of $378.64 million, a price-to-earnings ratio of 16.77 and a beta of 0.74.

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.