OneAscent International Equity ETF (NYSEARCA:OAIM) Short Interest Up 183.1% in July

OneAscent International Equity ETF (NYSEARCA:OAIM) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 88,764 shares, an increase of 183.1% from the July 15th total of 31,357 shares. Based on an average daily volume of 26,027 shares, the days-to-cover ratio is presently 3.4 days. Approximately 1.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in OAIM. EverSource Wealth Advisors LLC grew its holdings in OneAscent International Equity ETF by 100.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 30,491 shares of the company’s stock worth $1,313,000 after acquiring an additional 15,297 shares during the last quarter. Cornerstone Financial Management LLC acquired a new stake in OneAscent International Equity ETF in the 4th quarter valued at about $1,142,000. Flow Traders U.S. LLC bought a new position in shares of OneAscent International Equity ETF in the third quarter worth about $330,000. Finally, JPMorgan Chase & Co. raised its stake in shares of OneAscent International Equity ETF by 178,333.3% in the third 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 last quarter.

OneAscent International Equity ETF Stock Performance

OneAscent International Equity ETF stock traded up $0.22 on Friday, reaching $48.33. The company’s stock had a trading volume of 13,997 shares, compared to its average volume of 27,190. The company has a market cap of $377.94 million, a price-to-earnings ratio of 16.77 and a beta of 0.74. The business’s fifty day moving average price is $46.87 and its 200 day moving average price is $45.74. OneAscent International Equity ETF has a twelve month low of $38.45 and a twelve month high of $50.14.

OneAscent International Equity ETF Company Profile

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.