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

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 15,585 shares, a drop of 43.9% from the July 15th total of 27,792 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 64,155 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of OneAscent Core Plus Bond ETF

A hedge fund recently raised its position in OneAscent Core Plus Bond ETF stock. EverSource Wealth Advisors LLC lifted its stake in shares of OneAscent Core Plus Bond ETF (NYSEARCA:OACP) by 107.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,923 shares of the company’s stock after buying an additional 2,035 shares during the period. EverSource Wealth Advisors LLC’s holdings in OneAscent Core Plus Bond ETF were worth $90,000 at the end of the most recent quarter.

OneAscent Core Plus Bond ETF Stock Performance

Shares of OACP stock opened at $22.39 on Wednesday. OneAscent Core Plus Bond ETF has a fifty-two week low of $22.30 and a fifty-two week high of $23.77. The stock’s 50-day simple moving average is $22.58 and its 200-day simple moving average is $22.77.

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.