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

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 3,110 shares, a decrease of 37.9% from the July 15th total of 5,012 shares. Based on an average trading volume of 11,008 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

OneAscent Emerging Markets ETF Trading Down 3.4%

OneAscent Emerging Markets ETF stock traded down $1.68 during midday trading on Tuesday, reaching $47.42. 8,345 shares of the stock traded hands, compared to its average volume of 18,566. The company has a 50-day simple moving average of $47.97 and a two-hundred day simple moving average of $45.45. OneAscent Emerging Markets ETF has a 12-month low of $32.12 and a 12-month high of $51.84. The firm has a market cap of $126.61 million, a PE ratio of 13.87 and a beta of 0.90.

Institutional Investors Weigh In On OneAscent Emerging Markets ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Trust Co. of Vermont acquired a new stake in OneAscent Emerging Markets ETF in the 2nd quarter valued at about $79,000. EverSource Wealth Advisors LLC grew its position in shares of OneAscent Emerging Markets ETF by 31.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,208 shares of the company’s stock worth $81,000 after buying an additional 525 shares in the last quarter. Creative Financial Designs Inc. ADV increased its stake in shares of OneAscent Emerging Markets ETF by 14.0% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 10,544 shares of the company’s stock worth $386,000 after buying an additional 1,292 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of OneAscent Emerging Markets ETF during the second quarter worth approximately $1,435,000.

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.