Short Interest in OneAscent International Equity ETF (NYSEARCA:OAIM) Drops By 55.7%

OneAscent International Equity ETF (NYSEARCA:OAIM) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totaling 20,544 shares, a drop of 55.7% from the March 15th total of 46,416 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 30,010 shares, the days-to-cover ratio is currently 0.7 days.

OneAscent International Equity ETF Stock Performance

OAIM traded up $0.36 during trading on Monday, hitting $46.10. 15,766 shares of the stock were exchanged, compared to its average volume of 33,155. The firm has a 50 day simple moving average of $44.31 and a 200 day simple moving average of $42.17. The firm has a market cap of $337.45 million, a price-to-earnings ratio of 16.77 and a beta of 0.76. OneAscent International Equity ETF has a 1 year low of $32.79 and a 1 year high of $47.86.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in OneAscent International Equity ETF by 178,333.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,353 shares of the company’s stock worth $215,000 after purchasing an additional 5,350 shares during the period. Strategic Blueprint LLC bought a new stake in OneAscent International Equity ETF during the 3rd quarter valued at $216,000. Flow Traders U.S. LLC bought a new stake in OneAscent International Equity ETF during the 3rd quarter valued at $330,000. EverSource Wealth Advisors LLC boosted its position in OneAscent International Equity ETF by 1,326.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 15,194 shares of the company’s stock valued at $629,000 after acquiring an additional 14,129 shares in the last quarter. Finally, Cornerstone Financial Management LLC bought a new stake in OneAscent International Equity ETF during the 4th quarter valued at $1,142,000.

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.