Short Interest in OneAscent International Equity ETF (NYSEARCA:OAIM) Increases By 209.3%

OneAscent International Equity ETF (NYSEARCA:OAIM) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 61,337 shares, an increase of 209.3% from the April 15th total of 19,831 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 20,713 shares, the days-to-cover ratio is currently 3.0 days.

OneAscent International Equity ETF Trading Down 2.8%

NYSEARCA OAIM traded down $1.30 during mid-day trading on Friday, reaching $45.76. 107,782 shares of the company’s stock traded hands, compared to its average volume of 31,094. OneAscent International Equity ETF has a 1-year low of $36.08 and a 1-year high of $49.73. The company has a fifty day simple moving average of $44.74 and a 200-day simple moving average of $43.12. The company has a market cap of $343.20 million, a price-to-earnings ratio of 16.77 and a beta of 0.75.

Institutional Investors Weigh In On OneAscent International Equity ETF

A number of hedge funds have recently bought and sold shares of OAIM. JPMorgan Chase & Co. grew its stake 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 valued at $215,000 after purchasing an additional 5,350 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in OneAscent International Equity ETF during the 3rd quarter valued at approximately $330,000. EverSource Wealth Advisors LLC grew its stake 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 purchasing an additional 14,129 shares in the last quarter. Finally, Cornerstone Financial Management LLC acquired a new stake in OneAscent International Equity ETF during the 4th quarter valued at approximately $1,142,000.

About OneAscent International Equity ETF

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.