Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) Short Interest Down 40.1% in April

Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 2,837 shares, a decrease of 40.1% from the April 15th total of 4,734 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 6,820 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of Sovereigns Capital Flourish Fund

A number of institutional investors have recently added to or reduced their stakes in the stock. Operose Advisors LLC lifted its holdings in Sovereigns Capital Flourish Fund by 30.6% during the 4th quarter. Operose Advisors LLC now owns 2,016 shares of the company’s stock worth $59,000 after purchasing an additional 472 shares in the last quarter. Bank of America Corp DE purchased a new stake in Sovereigns Capital Flourish Fund during the 3rd quarter worth about $25,000. Silver Oak Securities Incorporated lifted its holdings in Sovereigns Capital Flourish Fund by 3.7% during the 4th quarter. Silver Oak Securities Incorporated now owns 33,674 shares of the company’s stock worth $989,000 after purchasing an additional 1,204 shares in the last quarter. CreativeOne Wealth LLC lifted its holdings in Sovereigns Capital Flourish Fund by 0.7% during the 3rd quarter. CreativeOne Wealth LLC now owns 231,534 shares of the company’s stock worth $7,012,000 after purchasing an additional 1,670 shares in the last quarter. Finally, OneAscent Family Office LLC lifted its holdings in Sovereigns Capital Flourish Fund by 25.7% during the 4th quarter. OneAscent Family Office LLC now owns 8,426 shares of the company’s stock worth $246,000 after purchasing an additional 1,722 shares in the last quarter.

Sovereigns Capital Flourish Fund Trading Down 0.3%

Shares of SOVF stock traded down $0.09 on Friday, hitting $27.97. 2,285 shares of the stock were exchanged, compared to its average volume of 12,839. The firm’s 50 day moving average is $27.86 and its two-hundred day moving average is $28.61. The firm has a market capitalization of $90.34 million, a PE ratio of 21.31 and a beta of 1.05. Sovereigns Capital Flourish Fund has a one year low of $26.51 and a one year high of $31.38.

About Sovereigns Capital Flourish Fund

The Sovereign’s Capital Flourish Fund (SOVF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in 80 to 100 US companies whose leaders seek to build corporate cultures based on biblical values. SOVF was launched on Oct 3, 2023 and is issued by Sovereign’s.