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

Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 676 shares, a decrease of 76.2% from the April 30th total of 2,837 shares. Based on an average daily trading volume, of 7,550 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Sovereigns Capital Flourish Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in SOVF. Bank of America Corp DE bought a new position in shares of Sovereigns Capital Flourish Fund during the 3rd quarter worth $25,000. Operose Advisors LLC boosted its position in Sovereigns Capital Flourish Fund by 30.6% during the fourth quarter. Operose Advisors LLC now owns 2,016 shares of the company’s stock valued at $59,000 after purchasing an additional 472 shares in the last quarter. Aptus Capital Advisors LLC bought a new stake in Sovereigns Capital Flourish Fund during the third quarter valued at about $60,000. AIFG Consultants Ltd. bought a new stake in Sovereigns Capital Flourish Fund during the fourth quarter valued at about $222,000. Finally, Envestnet Asset Management Inc. bought a new stake in Sovereigns Capital Flourish Fund during the third quarter valued at about $240,000.

Sovereigns Capital Flourish Fund Trading Up 0.4%

Shares of SOVF traded up $0.11 during midday trading on Friday, reaching $28.73. 2,060 shares of the stock were exchanged, compared to its average volume of 12,015. Sovereigns Capital Flourish Fund has a 52 week low of $26.51 and a 52 week high of $31.38. The company’s 50 day moving average is $28.01 and its two-hundred day moving average is $28.59. The company has a market capitalization of $92.80 million, a P/E ratio of 21.31 and a beta of 1.05.

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.