Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) Short Interest Update

Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 676 shares, a decrease of 76.2% from the April 30th total of 2,837 shares. Based on an average daily volume of 7,550 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Sovereigns Capital Flourish Fund Trading Up 0.4%

Shares of Sovereigns Capital Flourish Fund stock traded up $0.11 on Friday, reaching $28.73. 2,060 shares of the company were exchanged, compared to its average volume of 12,015. Sovereigns Capital Flourish Fund has a one year low of $26.51 and a one year high of $31.38. The company has a market capitalization of $92.80 million, a price-to-earnings ratio of 21.31 and a beta of 1.05. The company has a 50-day moving average of $28.01 and a 200 day moving average of $28.59.

Institutional Investors Weigh In On Sovereigns Capital Flourish Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE bought a new stake in shares of Sovereigns Capital Flourish Fund during the 3rd quarter worth approximately $25,000. Operose Advisors LLC raised its stake in shares of Sovereigns Capital Flourish Fund by 30.6% during the 4th quarter. Operose Advisors LLC now owns 2,016 shares of the company’s stock worth $59,000 after purchasing an additional 472 shares in the last quarter. Aptus Capital Advisors LLC bought a new stake in shares of Sovereigns Capital Flourish Fund during the 3rd quarter worth approximately $60,000. AIFG Consultants Ltd. acquired a new position in shares of Sovereigns Capital Flourish Fund during the 4th quarter worth approximately $222,000. Finally, Envestnet Asset Management Inc. acquired a new position in shares of Sovereigns Capital Flourish Fund during the 3rd quarter worth approximately $240,000.

About Sovereigns Capital Flourish Fund

The Sovereign’s Capital Flourish Fund (SOVF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in 80 to 100 US companies whose leaders seek to build corporate cultures based on biblical values. SOVF was launched on Oct 3, 2023 and is issued by Sovereign’s.