Short Interest in OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Grows By 62.2%

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 7,958 shares, a growth of 62.2% from the December 15th total of 4,907 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 5,900 shares, the short-interest ratio is currently 1.3 days. Based on an average daily trading volume, of 5,900 shares, the short-interest ratio is currently 1.3 days. Currently, 0.5% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV increased its position in OneAscent Emerging Markets ETF by 50.7% during the third quarter. Creative Financial Designs Inc. ADV now owns 9,252 shares of the company’s stock worth $318,000 after buying an additional 3,112 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of OneAscent Emerging Markets ETF by 104.7% during the third quarter. EverSource Wealth Advisors LLC now owns 1,683 shares of the company’s stock worth $58,000 after acquiring an additional 861 shares during the last quarter. Finally, Patron Partners LLC increased its holdings in shares of OneAscent Emerging Markets ETF by 3.9% in the 2nd quarter. Patron Partners LLC now owns 30,862 shares of the company’s stock valued at $999,000 after acquiring an additional 1,149 shares during the period.

OneAscent Emerging Markets ETF Stock Up 0.1%

OAEM traded up $0.04 on Friday, reaching $39.05. The company had a trading volume of 18,534 shares, compared to its average volume of 14,539. OneAscent Emerging Markets ETF has a 1 year low of $25.86 and a 1 year high of $39.29. The stock has a market capitalization of $85.91 million, a PE ratio of 13.87 and a beta of 0.79. The stock has a 50-day moving average price of $35.88 and a 200-day moving average price of $34.42.

OneAscent Emerging Markets ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Monday, January 5th. Stockholders of record on Tuesday, December 30th were issued a $0.2828 dividend. This represents a dividend yield of 77.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

OneAscent Emerging Markets ETF Company Profile

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.