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

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 21,988 shares, a decrease of 60.2% from the May 31st total of 55,246 shares. Based on an average daily volume of 56,394 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

OneAscent Core Plus Bond ETF Price Performance

OACP traded down $0.06 during midday trading on Monday, hitting $22.78. 38,118 shares of the company were exchanged, compared to its average volume of 49,285. The company’s 50 day simple moving average is $22.73 and its 200 day simple moving average is $22.91. OneAscent Core Plus Bond ETF has a 1-year low of $22.43 and a 1-year high of $23.77.

Institutional Trading of OneAscent Core Plus Bond ETF

A hedge fund recently bought a new stake in OneAscent Core Plus Bond ETF stock. EverSource Wealth Advisors LLC bought a new position in shares of OneAscent Core Plus Bond ETF (NYSEARCA:OACP) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,888 shares of the company’s stock, valued at approximately $44,000.

About OneAscent Core Plus Bond ETF

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.