Short Interest in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Drops By 49.8%

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 27,792 shares, a drop of 49.8% from the June 30th total of 55,337 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 35,738 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

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

OneAscent Core Plus Bond ETF Price Performance

OneAscent Core Plus Bond ETF stock traded up $0.01 during midday trading on Tuesday, hitting $22.51. 1,482 shares of the company’s stock were exchanged, compared to its average volume of 50,151. OneAscent Core Plus Bond ETF has a 52-week low of $22.41 and a 52-week high of $23.77. The stock has a 50-day moving average price of $22.65 and a two-hundred day moving average price of $22.84.

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.