OneAscent Large Cap Core ETF (NYSEARCA:OALC) Short Interest Update

OneAscent Large Cap Core ETF (NYSEARCA:OALC) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 25,280 shares, a growth of 148.0% from the April 30th total of 10,195 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 21,471 shares, the days-to-cover ratio is currently 1.2 days.

Hedge Funds Weigh In On OneAscent Large Cap Core ETF

A number of large investors have recently bought and sold shares of OALC. Kestra Advisory Services LLC boosted its holdings in shares of OneAscent Large Cap Core ETF by 13.8% in the 1st quarter. Kestra Advisory Services LLC now owns 12,982 shares of the company’s stock valued at $445,000 after purchasing an additional 1,573 shares during the last quarter. RFG Advisory LLC increased its holdings in shares of OneAscent Large Cap Core ETF by 8.1% during the 1st quarter. RFG Advisory LLC now owns 83,994 shares of the company’s stock worth $2,879,000 after buying an additional 6,314 shares during the last quarter. SHP Wealth Management acquired a new stake in shares of OneAscent Large Cap Core ETF during the 4th quarter worth $158,000. Jane Street Group LLC purchased a new position in shares of OneAscent Large Cap Core ETF in the 4th quarter worth $676,000. Finally, LPL Financial LLC raised its position in shares of OneAscent Large Cap Core ETF by 90.1% in the 4th quarter. LPL Financial LLC now owns 58,517 shares of the company’s stock worth $2,074,000 after buying an additional 27,740 shares during the period.

OneAscent Large Cap Core ETF Price Performance

Shares of OALC stock opened at $40.76 on Friday. The firm has a market cap of $232.33 million, a P/E ratio of 25.77 and a beta of 0.95. OneAscent Large Cap Core ETF has a 1-year low of $30.27 and a 1-year high of $40.91. The firm’s 50-day simple moving average is $37.48 and its 200-day simple moving average is $36.30.

About OneAscent Large Cap Core ETF

The OneAscent Large Cap Core ETF (OALC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap companies screened and selected for its value-based philosophy and fundamental evaluation. The fund seeks capital appreciation. OALC was launched on Nov 16, 2021 and is managed by Oneascent.