Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) Stock Short Interest Report for October

Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 11,481 shares, an increase of 1,181.4% from the October 15th total of 896 shares. Based on an average trading volume of 7,300 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.4% of the shares of the stock are short sold.

Hedge Funds Weigh In On Sovereigns Capital Flourish Fund

A number of large investors have recently made changes to their positions in the stock. Arete Wealth Advisors LLC grew its position in Sovereigns Capital Flourish Fund by 11.2% during the first quarter. Arete Wealth Advisors LLC now owns 21,888 shares of the company’s stock worth $587,000 after buying an additional 2,209 shares during the period. Keel Point LLC increased its holdings in Sovereigns Capital Flourish Fund by 5.2% in the first quarter. Keel Point LLC now owns 63,609 shares of the company’s stock valued at $1,705,000 after buying an additional 3,122 shares in the last quarter. BOS Asset Management LLC increased its holdings in Sovereigns Capital Flourish Fund by 6.4% in the third quarter. BOS Asset Management LLC now owns 58,163 shares of the company’s stock valued at $1,730,000 after buying an additional 3,518 shares in the last quarter. OneAscent Financial Services LLC lifted its position in shares of Sovereigns Capital Flourish Fund by 7.7% during the 3rd quarter. OneAscent Financial Services LLC now owns 178,433 shares of the company’s stock valued at $5,307,000 after acquiring an additional 12,816 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Sovereigns Capital Flourish Fund by 32.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 600,714 shares of the company’s stock worth $16,105,000 after acquiring an additional 145,551 shares in the last quarter.

Sovereigns Capital Flourish Fund Stock Performance

Sovereigns Capital Flourish Fund stock traded down $0.05 during midday trading on Tuesday, reaching $31.81. The company’s stock had a trading volume of 2,568 shares, compared to its average volume of 11,026. The firm has a market capitalization of $90.02 million, a PE ratio of 21.31 and a beta of 0.92. Sovereigns Capital Flourish Fund has a fifty-two week low of $26.51 and a fifty-two week high of $32.66. The stock’s 50 day simple moving average is $31.27 and its 200 day simple moving average is $29.70.

About Sovereigns Capital Flourish Fund

The Sovereign’s Capital Flourish Fund (SOVF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in 80 to 100 US companies whose leaders seek to build corporate cultures based on biblical values. SOVF was launched on Oct 3, 2023 and is issued by Sovereign’s.