OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Short Interest Up 64.0% in December

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 20,382 shares, an increase of 64.0% from the November 30th total of 12,430 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 30,169 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 30,169 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the company’s shares are short sold.

OneAscent Core Plus Bond ETF Trading Down 0.0%

OACP traded down $0.01 during mid-day trading on Friday, hitting $23.16. The stock had a trading volume of 19,030 shares, compared to its average volume of 31,918. The stock’s fifty day simple moving average is $23.14 and its 200-day simple moving average is $22.98. OneAscent Core Plus Bond ETF has a 1-year low of $22.14 and a 1-year high of $23.77.

OneAscent Core Plus Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 1st. Shareholders of record on Wednesday, November 26th were issued a dividend of $0.0713 per share. The ex-dividend date was Wednesday, November 26th. This represents a c) annualized dividend and a yield of 3.7%.

Institutional Investors Weigh In On OneAscent Core Plus Bond ETF

Hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC bought a new position in shares of OneAscent Core Plus Bond ETF during the 3rd quarter valued at about $44,000. Winnow Wealth LLC acquired a new stake in OneAscent Core Plus Bond ETF during the 3rd quarter worth approximately $154,000. Strategic Blueprint LLC bought a new position in OneAscent Core Plus Bond ETF in the second quarter valued at approximately $390,000. Finally, Patron Partners LLC boosted its holdings in shares of OneAscent Core Plus Bond ETF by 0.4% in the second quarter. Patron Partners LLC now owns 129,655 shares of the company’s stock valued at $2,954,000 after buying an additional 530 shares during the period.

OneAscent Core Plus Bond ETF Company Profile

The OneAscent Core Plus Bond ETF (OACP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that provides exposure to debt securities of any maturity while applying special consideration to values-based and proprietary impact criteria. OACP was launched on Mar 30, 2022 and is managed by Oneascent.