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

Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 698 shares, a decrease of 81.1% from the August 31st total of 3,694 shares. Based on an average daily volume of 5,763 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On Sovereigns Capital Flourish Fund

A number of large investors have recently modified their holdings of SOVF. Cornerstone Management Inc. increased its holdings in Sovereigns Capital Flourish Fund by 3.1% during the 1st quarter. Cornerstone Management Inc. now owns 604,973 shares of the company’s stock worth $16,219,000 after acquiring an additional 18,404 shares during the period. EverSource Wealth Advisors LLC lifted its stake in Sovereigns Capital Flourish Fund by 32.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 600,714 shares of the company’s stock worth $16,105,000 after purchasing an additional 145,551 shares in the last quarter. OneAscent Financial Services LLC boosted its holdings in Sovereigns Capital Flourish Fund by 138.1% in the 4th quarter. OneAscent Financial Services LLC now owns 127,451 shares of the company’s stock valued at $3,719,000 after purchasing an additional 73,919 shares during the period. Blue Trust Inc. boosted its holdings in Sovereigns Capital Flourish Fund by 8.4% in the 1st quarter. Blue Trust Inc. now owns 94,136 shares of the company’s stock valued at $2,524,000 after purchasing an additional 7,327 shares during the period. Finally, Keel Point LLC grew its position in shares of Sovereigns Capital Flourish Fund by 5.2% during the 1st quarter. Keel Point LLC now owns 63,609 shares of the company’s stock valued at $1,705,000 after purchasing an additional 3,122 shares in the last quarter.

Sovereigns Capital Flourish Fund Price Performance

Shares of NYSEARCA SOVF traded up $0.04 during trading on Friday, reaching $30.20. 4,328 shares of the stock traded hands, compared to its average volume of 11,215. Sovereigns Capital Flourish Fund has a 52-week low of $26.51 and a 52-week high of $32.51. The company has a 50-day moving average of $31.40 and a 200-day moving average of $29.48. The stock has a market capitalization of $85.16 million, a P/E ratio of 21.31 and a beta of 0.94.

About Sovereigns Capital Flourish Fund

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.