OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Short Interest Update

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 3,110 shares, a decline of 37.9% from the July 15th total of 5,012 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 11,008 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On OneAscent Emerging Markets ETF

Large investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its position in shares of OneAscent Emerging Markets ETF by 31.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,208 shares of the company’s stock worth $81,000 after purchasing an additional 525 shares during the period. Creative Financial Designs Inc. ADV lifted its stake in OneAscent Emerging Markets ETF by 14.0% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 10,544 shares of the company’s stock worth $386,000 after purchasing an additional 1,292 shares in the last quarter. Trust Co. of Vermont acquired a new position in OneAscent Emerging Markets ETF during the second quarter worth $79,000. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of OneAscent Emerging Markets ETF during the second quarter worth $1,435,000.

OneAscent Emerging Markets ETF Trading Down 3.4%

NYSEARCA OAEM traded down $1.68 during trading hours on Tuesday, reaching $47.42. The company had a trading volume of 8,345 shares, compared to its average volume of 18,566. The stock has a market capitalization of $126.61 million, a P/E ratio of 13.87 and a beta of 0.90. The stock has a 50-day moving average of $47.97 and a 200 day moving average of $45.45. OneAscent Emerging Markets ETF has a 1-year low of $32.12 and a 1-year high of $51.84.

About OneAscent Emerging Markets ETF

The OneAscent Emerging Markets ETF (OAEM) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in an equity portfolio of large-, mid-, and small-cap emerging market companies. The fund combines an ESG screening methodology with its fundamental investment process. OAEM was launched on Sep 15, 2022 and is managed by Oneascent.