Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) Short Interest Down 49.4% in February

Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) saw a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 1,267 shares, a drop of 49.4% from the January 29th total of 2,502 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 13,108 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 13,108 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On Sovereigns Capital Flourish Fund

A number of large investors have recently modified their holdings of the company. Bank of America Corp DE acquired a new position in shares of Sovereigns Capital Flourish Fund in the 3rd quarter valued at about $25,000. Aptus Capital Advisors LLC acquired a new stake in Sovereigns Capital Flourish Fund during the 3rd quarter worth approximately $60,000. Operose Advisors LLC increased its position 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. OneAscent Family Office LLC purchased a new position in Sovereigns Capital Flourish Fund in the second quarter valued at approximately $225,000. Finally, AIFG Consultants Ltd. acquired a new position in Sovereigns Capital Flourish Fund during the fourth quarter valued at approximately $222,000.

Sovereigns Capital Flourish Fund Stock Up 0.7%

Shares of NYSEARCA SOVF opened at $28.42 on Friday. Sovereigns Capital Flourish Fund has a 52-week low of $25.70 and a 52-week high of $31.90. The firm has a fifty day moving average of $29.48 and a 200-day moving average of $29.58. The stock has a market capitalization of $97.48 million, a PE ratio of 21.31 and a beta of 1.11.

Sovereigns Capital Flourish Fund Dividend Announcement

The company also recently announced an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a $0.2256 dividend. The ex-dividend date was Tuesday, December 30th. This represents a yield of 77.0%.

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.