OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Sees Large Decline in Short Interest

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 18,358 shares, a drop of 81.6% from the April 30th total of 99,727 shares. Based on an average daily volume of 41,798 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

OneAscent Core Plus Bond ETF Price Performance

Shares of NYSEARCA OACP remained flat at $22.68 during mid-day trading on Friday. The company had a trading volume of 35,633 shares, compared to its average volume of 48,504. The business’s fifty day moving average is $22.75 and its 200 day moving average is $22.97. OneAscent Core Plus Bond ETF has a 52-week low of $22.34 and a 52-week high of $23.77.

Institutional Investors Weigh In On OneAscent Core Plus Bond ETF

A hedge fund recently bought a new stake in OneAscent Core Plus Bond ETF stock. EverSource Wealth Advisors LLC purchased a new position in shares of OneAscent Core Plus Bond ETF (NYSEARCA:OACP) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,888 shares of the company’s stock, valued at approximately $44,000.

About OneAscent Core Plus Bond ETF

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.