OneAscent International Equity ETF (NYSEARCA:OAIM) Short Interest Update

OneAscent International Equity ETF (NYSEARCA:OAIM) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 28,506 shares, a decline of 53.5% from the April 30th total of 61,337 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 29,737 shares, the short-interest ratio is presently 1.0 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in OAIM. JPMorgan Chase & Co. grew its position in OneAscent International Equity ETF by 178,333.3% in 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. Flow Traders U.S. LLC acquired a new position in OneAscent International Equity ETF during the 3rd quarter valued at $330,000. EverSource Wealth Advisors LLC raised its stake in shares of OneAscent International Equity ETF by 1,326.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 15,194 shares of the company’s stock valued at $629,000 after buying an additional 14,129 shares in the last quarter. Finally, Cornerstone Financial Management LLC acquired a new position in shares of OneAscent International Equity ETF in the 4th quarter worth approximately $1,142,000.

OneAscent International Equity ETF Price Performance

Shares of OAIM traded down $0.04 during mid-day trading on Monday, hitting $47.26. The company’s stock had a trading volume of 9,155 shares, compared to its average volume of 30,313. The firm has a 50-day moving average price of $45.46 and a 200 day moving average price of $43.63. The stock has a market capitalization of $354.45 million, a price-to-earnings ratio of 16.77 and a beta of 0.75. OneAscent International Equity ETF has a fifty-two week low of $36.52 and a fifty-two week high of $49.73.

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.