Short Interest in OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Declines By 39.1%

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 495 shares, a decline of 39.1% from the January 15th total of 813 shares. Based on an average daily volume of 9,920 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 9,920 shares, the short-interest ratio is presently 0.0 days.

OneAscent Emerging Markets ETF Stock Performance

OAEM traded up $0.21 during trading on Friday, reaching $43.28. 2,130 shares of the company traded hands, compared to its average volume of 11,548. OneAscent Emerging Markets ETF has a 12-month low of $25.86 and a 12-month high of $43.69. The company has a market cap of $95.22 million, a P/E ratio of 13.87 and a beta of 0.79. The firm has a fifty day simple moving average of $38.52 and a 200 day simple moving average of $35.59.

OneAscent Emerging Markets ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Monday, January 5th. Investors of record on Tuesday, December 30th were paid a $0.2828 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 77.0%.

Institutional Trading of OneAscent Emerging Markets ETF

An institutional investor recently raised its position in OneAscent Emerging Markets ETF stock. EverSource Wealth Advisors LLC increased its position in shares of OneAscent Emerging Markets ETF (NYSEARCA:OAEM) by 31.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,208 shares of the company’s stock after acquiring an additional 525 shares during the quarter. EverSource Wealth Advisors LLC owned about 0.10% of OneAscent Emerging Markets ETF worth $81,000 as of its most recent SEC filing.

OneAscent Emerging Markets ETF Company Profile

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.