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

Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 3,591 shares, a drop of 43.1% from the December 31st total of 6,308 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 10,184 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 10,184 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

Sovereigns Capital Flourish Fund Trading Up 0.1%

SOVF stock traded up $0.04 during midday trading on Friday, hitting $29.90. The company’s stock had a trading volume of 3,350 shares, compared to its average volume of 9,601. The company has a market cap of $102.54 million, a PE ratio of 21.31 and a beta of 1.11. Sovereigns Capital Flourish Fund has a 12 month low of $25.70 and a 12 month high of $33.04. The firm’s 50-day moving average is $29.44 and its 200-day moving average is $29.74.

Sovereigns Capital Flourish Fund Dividend Announcement

The business also recently declared an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.2256 per share. This represents a dividend yield of 77.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Investors Weigh In On Sovereigns Capital Flourish Fund

A number of hedge funds have recently modified their holdings of the business. Bank of America Corp DE bought a new position in shares of Sovereigns Capital Flourish Fund in the third quarter worth about $25,000. Aptus Capital Advisors LLC bought a new position in shares of Sovereigns Capital Flourish Fund during the 3rd quarter valued at approximately $60,000. OneAscent Family Office LLC bought a new position in shares of Sovereigns Capital Flourish Fund in the 2nd quarter valued at about $225,000. Envestnet Asset Management Inc. bought a new stake in Sovereigns Capital Flourish Fund in the third quarter worth $240,000. Finally, Values First Advisors Inc. purchased a new position in shares of Sovereigns Capital Flourish Fund during the fourth quarter valued at approximately $263,000.

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.