Short Interest in OneAscent International Equity ETF (NYSEARCA:OAIM) Increases By 209.3%

OneAscent International Equity ETF (NYSEARCA:OAIM) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 61,337 shares, an increase of 209.3% from the April 15th total of 19,831 shares. Approximately 0.8% of the company’s stock are sold short. Based on an average trading volume of 20,713 shares, the days-to-cover ratio is presently 3.0 days.

Hedge Funds Weigh In On OneAscent International Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of OAIM. Cornerstone Financial Management LLC purchased a new position in OneAscent International Equity ETF in the 4th quarter worth approximately $1,142,000. EverSource Wealth Advisors LLC boosted its holdings in OneAscent International Equity ETF by 1,326.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 15,194 shares of the company’s stock worth $629,000 after acquiring an additional 14,129 shares during the period. Flow Traders U.S. LLC purchased a new position in OneAscent International Equity ETF in the 3rd quarter worth approximately $330,000. Finally, JPMorgan Chase & Co. boosted its holdings in OneAscent International Equity ETF by 178,333.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,353 shares of the company’s stock worth $215,000 after acquiring an additional 5,350 shares during the period.

OneAscent International Equity ETF Price Performance

NYSEARCA OAIM traded down $0.14 on Thursday, reaching $47.06. The company had a trading volume of 9,828 shares, compared to its average volume of 30,261. The firm has a market capitalization of $352.95 million, a PE ratio of 16.77 and a beta of 0.75. OneAscent International Equity ETF has a 1 year low of $35.93 and a 1 year high of $49.73. The firm has a 50-day moving average of $44.73 and a 200-day moving average of $43.10.

About OneAscent International Equity ETF

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