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

OneAscent Large Cap Core ETF (NYSEARCA:OALC) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 20,150 shares, a growth of 86.9% from the November 30th total of 10,784 shares. Based on an average trading volume of 32,574 shares, the short-interest ratio is presently 0.6 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 32,574 shares, the short-interest ratio is presently 0.6 days.

OneAscent Large Cap Core ETF Stock Performance

OALC traded up $0.03 during midday trading on Friday, reaching $36.11. 11,929 shares of the company were exchanged, compared to its average volume of 25,450. The stock has a market capitalization of $181.63 million, a P/E ratio of 25.77 and a beta of 0.93. The stock’s 50-day simple moving average is $35.32 and its 200 day simple moving average is $34.13. OneAscent Large Cap Core ETF has a one year low of $25.05 and a one year high of $36.82.

Institutional Investors Weigh In On OneAscent Large Cap Core ETF

Several hedge funds have recently bought and sold shares of the company. Values First Advisors Inc. acquired a new position in shares of OneAscent Large Cap Core ETF in the 3rd quarter valued at $139,000. Equitable Holdings Inc. acquired a new position in OneAscent Large Cap Core ETF in the third quarter valued at about $247,000. Plan A Wealth LLC bought a new stake in shares of OneAscent Large Cap Core ETF in the third quarter worth about $282,000. Security Financial Services INC. acquired a new stake in shares of OneAscent Large Cap Core ETF during the third quarter worth about $341,000. Finally, Envestnet Asset Management Inc. bought a new position in shares of OneAscent Large Cap Core ETF during the 2nd quarter valued at about $417,000.

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.