OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Short Interest Update

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 3,323 shares, a drop of 67.5% from the August 31st total of 10,211 shares. Based on an average daily trading volume, of 27,581 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of OneAscent Emerging Markets ETF

An institutional investor recently raised its position in OneAscent Emerging Markets ETF stock. EverSource Wealth Advisors LLC lifted its position in shares of OneAscent Emerging Markets ETF (NYSEARCA:OAEM) by 31.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,208 shares of the company’s stock after buying an additional 525 shares during the quarter. EverSource Wealth Advisors LLC owned approximately 0.10% of OneAscent Emerging Markets ETF worth $81,000 at the end of the most recent quarter.

OneAscent Emerging Markets ETF Price Performance

Shares of NYSEARCA:OAEM traded up $0.67 during mid-day trading on Friday, reaching $50.18. 8,596 shares of the company traded hands, compared to its average volume of 18,117. The company’s 50 day moving average price is $48.30 and its 200-day moving average price is $46.77. The firm has a market cap of $129.46 million, a PE ratio of 13.87 and a beta of 0.90. OneAscent Emerging Markets ETF has a 52 week low of $33.23 and a 52 week high of $51.84.

About OneAscent Emerging Markets ETF

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