Short Interest in OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Grows By 27.1%

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 3,862 shares, a growth of 27.1% from the February 12th total of 3,038 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 9,659 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 9,659 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

OneAscent Emerging Markets ETF Price Performance

OneAscent Emerging Markets ETF stock traded down $0.40 during midday trading on Friday, hitting $39.87. 6,517 shares of the stock were exchanged, compared to its average volume of 11,051. OneAscent Emerging Markets ETF has a 1 year low of $25.86 and a 1 year high of $45.97. The firm has a market cap of $87.71 million, a P/E ratio of 13.87 and a beta of 0.79. The company has a 50 day moving average price of $41.35 and a two-hundred day moving average price of $37.02.

OneAscent Emerging Markets ETF Announces Dividend

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

Institutional Investors Weigh In On OneAscent Emerging Markets ETF

An institutional investor recently raised its position in OneAscent Emerging Markets ETF stock. EverSource Wealth Advisors LLC increased its stake in OneAscent Emerging Markets ETF (NYSEARCA:OAEM) by 104.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,683 shares of the company’s stock after buying an additional 861 shares during the period. EverSource Wealth Advisors LLC owned about 0.09% of OneAscent Emerging Markets ETF worth $58,000 at the end of the most recent reporting period.

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.