OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Short Interest Update

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 65,435 shares, an increase of 252.4% from the August 15th total of 18,569 shares. Based on an average trading volume of 51,039 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.5% of the company’s shares are sold short.

OneAscent Core Plus Bond ETF Stock Down 0.2%

OACP stock traded down $0.05 during midday trading on Monday, hitting $22.05. The stock had a trading volume of 1,348 shares, compared to its average volume of 49,279. The company’s 50-day moving average price is $22.44 and its 200 day moving average price is $22.67. OneAscent Core Plus Bond ETF has a 12-month low of $22.04 and a 12-month high of $23.77.

OneAscent Core Plus Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Thursday, July 30th were issued a dividend of $0.088 per share. This represents a c) annualized dividend and a dividend yield of 4.8%. This is a positive change from OneAscent Core Plus Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Thursday, July 30th.

Hedge Funds Weigh In On OneAscent Core Plus Bond ETF

A hedge fund recently raised its stake in OneAscent Core Plus Bond ETF stock. EverSource Wealth Advisors LLC increased its holdings in shares of OneAscent Core Plus Bond ETF (NYSEARCA:OACP) by 107.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,923 shares of the company’s stock after buying an additional 2,035 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in OneAscent Core Plus Bond ETF were worth $90,000 as of its most recent filing with the Securities and Exchange Commission.

OneAscent Core Plus Bond ETF Company Profile

The OneAscent Core Plus Bond ETF (OACP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that provides exposure to debt securities of any maturity while applying special consideration to values-based and proprietary impact criteria. OACP was launched on Mar 30, 2022 and is managed by Oneascent.