OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Stock Short Interest Jumps 2,975.2%

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 67,838 shares, a growth of 2,975.2% from the October 15th total of 2,206 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 126,277 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On OneAscent Core Plus Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Harbour Investments Inc. acquired a new position in shares of OneAscent Core Plus Bond ETF during the third quarter worth $49,000. EverSource Wealth Advisors LLC grew its stake in shares of OneAscent Core Plus Bond ETF by 166.6% in the first quarter. EverSource Wealth Advisors LLC now owns 10,459 shares of the company’s stock worth $238,000 after purchasing an additional 6,536 shares during the last quarter. CX Institutional bought a new stake in shares of OneAscent Core Plus Bond ETF in the third quarter worth $168,000. Finally, Mascoma Wealth Management LLC grew its stake in shares of OneAscent Core Plus Bond ETF by 1,021.9% in the third quarter. Mascoma Wealth Management LLC now owns 35,318 shares of the company’s stock worth $764,000 after purchasing an additional 32,170 shares during the last quarter.

OneAscent Core Plus Bond ETF Stock Performance

Shares of OACP stock traded down $0.13 during mid-day trading on Tuesday, reaching $21.99. 20,945 shares of the stock traded hands, compared to its average volume of 58,442. The stock’s fifty day simple moving average is $21.97 and its two-hundred day simple moving average is $22.56. OneAscent Core Plus Bond ETF has a 1-year low of $21.58 and a 1-year high of $23.31.

OneAscent Core Plus Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 3rd. Investors of record on Thursday, October 29th were given a dividend of $0.0914 per share. The ex-dividend date was Thursday, October 29th. This represents a $1.10 annualized dividend and a yield of 5.0%. This is a boost from OneAscent Core Plus Bond ETF’s previous monthly dividend of $0.0803.

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.