OneAscent Large Cap Core ETF (NYSEARCA:OALC) Sees Large Decline in Short Interest

OneAscent Large Cap Core ETF (NYSEARCA:OALC) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 17,320 shares, a decrease of 27.4% from the February 26th total of 23,856 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 16,872 shares, the days-to-cover ratio is presently 1.0 days.

OneAscent Large Cap Core ETF Stock Performance

Shares of NYSEARCA:OALC opened at $33.37 on Tuesday. The company has a fifty day moving average of $35.58 and a 200-day moving average of $35.38. The company has a market capitalization of $184.54 million, a PE ratio of 25.77 and a beta of 0.93. OneAscent Large Cap Core ETF has a 52-week low of $25.05 and a 52-week high of $36.82.

Institutional Investors Weigh In On OneAscent Large Cap Core ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of OALC. Jane Street Group LLC increased its holdings in OneAscent Large Cap Core ETF by 97.5% in the 2nd quarter. Jane Street Group LLC now owns 14,467 shares of the company’s stock worth $469,000 after purchasing an additional 7,143 shares in the last quarter. Security Financial Services INC. acquired a new stake in shares of OneAscent Large Cap Core ETF during the third quarter valued at about $341,000. TrueWealth Advisors LLC grew its holdings in shares of OneAscent Large Cap Core ETF by 12.7% during the third quarter. TrueWealth Advisors LLC now owns 99,936 shares of the company’s stock worth $3,479,000 after purchasing an additional 11,245 shares during the last quarter. Values First Advisors Inc. bought a new stake in shares of OneAscent Large Cap Core ETF during the third quarter worth about $139,000. Finally, OneAscent Family Office LLC grew its holdings in shares of OneAscent Large Cap Core ETF by 8.8% during the third quarter. OneAscent Family Office LLC now owns 130,736 shares of the company’s stock worth $4,551,000 after purchasing an additional 10,523 shares during the last quarter.

OneAscent Large Cap Core ETF Company Profile

The OneAscent Large Cap Core ETF (OALC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap companies screened and selected for its value-based philosophy and fundamental evaluation. The fund seeks capital appreciation. OALC was launched on Nov 16, 2021 and is managed by Oneascent.