OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Sees Significant Growth in Short Interest

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 20,382 shares, an increase of 64.0% from the November 30th total of 12,430 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 30,169 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 30,169 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC bought a new stake in OneAscent Core Plus Bond ETF during the 3rd quarter worth about $44,000. Winnow Wealth LLC acquired a new position in OneAscent Core Plus Bond ETF during the 3rd quarter worth $154,000. Strategic Blueprint LLC bought a new position in OneAscent Core Plus Bond ETF in the 2nd quarter valued at $390,000. Finally, Patron Partners LLC increased its stake in shares of OneAscent Core Plus Bond ETF by 0.4% in the 2nd quarter. Patron Partners LLC now owns 129,655 shares of the company’s stock valued at $2,954,000 after buying an additional 530 shares during the period.

OneAscent Core Plus Bond ETF Price Performance

OneAscent Core Plus Bond ETF stock traded down $0.01 during trading hours on Friday, hitting $23.16. 19,030 shares of the stock were exchanged, compared to its average volume of 31,918. The business’s 50-day moving average is $23.14 and its two-hundred day moving average is $22.98. OneAscent Core Plus Bond ETF has a 12 month low of $22.14 and a 12 month high of $23.77.

OneAscent Core Plus Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 1st. Shareholders of record on Wednesday, November 26th were paid a $0.0713 dividend. The ex-dividend date of this dividend was Wednesday, November 26th. This represents a c) dividend on an annualized basis and a yield of 3.7%.

OneAscent Core Plus Bond ETF Company Profile

The OneAscent Core Plus Bond ETF (OACP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that provides exposure to debt securities of any maturity while applying special consideration to values-based and proprietary impact criteria. OACP was launched on Mar 30, 2022 and is managed by Oneascent.