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 during the month of June. As of June 15th, there was short interest totaling 30,727 shares, a growth of 70.2% from the May 31st total of 18,053 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 17,512 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Investors Weigh In On OneAscent International Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its position in OneAscent International Equity ETF by 178,333.3% during the third quarter. JPMorgan Chase & Co. now owns 5,353 shares of the company’s stock valued at $215,000 after purchasing an additional 5,350 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of OneAscent International Equity ETF during the 3rd quarter valued at $330,000. EverSource Wealth Advisors LLC lifted its holdings in shares of OneAscent International Equity ETF by 1,326.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 15,194 shares of the company’s stock worth $629,000 after acquiring an additional 14,129 shares during the last quarter. Finally, Cornerstone Financial Management LLC purchased a new position in OneAscent International Equity ETF in the fourth quarter worth $1,142,000.

OneAscent International Equity ETF Price Performance

Shares of NYSEARCA:OAIM traded down $0.50 on Thursday, hitting $46.52. The company’s stock had a trading volume of 15,381 shares, compared to its average volume of 28,666. The company has a market capitalization of $361.93 million, a PE ratio of 16.77 and a beta of 0.73. The company has a 50-day simple moving average of $46.82 and a 200 day simple moving average of $44.74. OneAscent International Equity ETF has a 1 year low of $37.63 and a 1 year high of $50.14.

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.