Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) Short Interest Update

Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 433 shares, a decrease of 79.9% from the June 15th total of 2,156 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 5,134 shares, the days-to-cover ratio is currently 0.1 days.

Sovereigns Capital Flourish Fund Trading Up 0.4%

SOVF stock traded up $0.13 during mid-day trading on Friday, hitting $30.43. 8,632 shares of the company were exchanged, compared to its average volume of 10,846. Sovereigns Capital Flourish Fund has a 1-year low of $26.51 and a 1-year high of $31.38. The stock has a market capitalization of $96.16 million, a PE ratio of 21.31 and a beta of 0.96. The business has a 50 day simple moving average of $28.84 and a 200-day simple moving average of $28.73.

Institutional Trading of Sovereigns Capital Flourish Fund

Several hedge funds have recently added to or reduced their stakes in SOVF. Brown Advisory Inc. acquired a new stake in Sovereigns Capital Flourish Fund during the 2nd quarter worth approximately $560,000. Keel Point LLC grew its holdings in Sovereigns Capital Flourish Fund by 26.2% in the 2nd quarter. Keel Point LLC now owns 61,825 shares of the company’s stock valued at $1,865,000 after buying an additional 12,817 shares in the last quarter. Envestnet Asset Management Inc. acquired a new position in Sovereigns Capital Flourish Fund in the 3rd quarter valued at $240,000. Aptus Capital Advisors LLC acquired a new position in Sovereigns Capital Flourish Fund in the 3rd quarter valued at $60,000. Finally, Vident Advisory LLC increased its position in Sovereigns Capital Flourish Fund by 0.8% during the 3rd quarter. Vident Advisory LLC now owns 416,936 shares of the company’s stock worth $12,626,000 after buying an additional 3,352 shares during the period.

Sovereigns Capital Flourish Fund Company Profile

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.