OneAscent International Equity ETF (NYSEARCA:OAIM) Sees Significant Increase in Short Interest

OneAscent International Equity ETF (NYSEARCA:OAIM) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 28,692 shares, a growth of 97.2% from the December 15th total of 14,548 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 21,057 shares, the days-to-cover ratio is presently 1.4 days. Based on an average trading volume of 21,057 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.5% of the shares of the stock are short sold.

OneAscent International Equity ETF Price Performance

Shares of OAIM stock traded up $0.03 during trading hours on Thursday, hitting $42.63. 1,832 shares of the company’s stock were exchanged, compared to its average volume of 16,950. OneAscent International Equity ETF has a 52 week low of $29.89 and a 52 week high of $45.31. The stock has a market cap of $270.67 million, a price-to-earnings ratio of 16.77 and a beta of 0.75. The stock’s 50-day moving average is $40.92 and its 200-day moving average is $39.91.

OneAscent International Equity ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Monday, January 5th. Shareholders of record on Tuesday, December 30th were issued a dividend of $0.4074 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 99.0%.

Hedge Funds Weigh In On OneAscent International Equity ETF

Several hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in shares of 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 buying an additional 5,350 shares during the period. Strategic Blueprint LLC acquired a new position in OneAscent International Equity ETF in the third quarter valued at approximately $216,000. Flow Traders U.S. LLC bought a new position in OneAscent International Equity ETF in the third quarter valued at approximately $330,000. Finally, Patron Partners LLC grew its holdings in OneAscent International Equity ETF by 4.2% during the 2nd quarter. Patron Partners LLC now owns 50,722 shares of the company’s stock worth $1,937,000 after acquiring an additional 2,066 shares during the period.

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.