OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Sees Significant Growth in Short Interest

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 20,382 shares, an increase of 64.0% from the November 30th total of 12,430 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 30,169 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 30,169 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On OneAscent Core Plus Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of OACP. Patron Partners LLC grew its holdings in OneAscent Core Plus Bond ETF by 0.4% during the 2nd quarter. Patron Partners LLC now owns 129,655 shares of the company’s stock worth $2,954,000 after acquiring an additional 530 shares during the period. Strategic Blueprint LLC bought a new stake in shares of OneAscent Core Plus Bond ETF during the 2nd quarter valued at about $390,000. Winnow Wealth LLC acquired a new stake in OneAscent Core Plus Bond ETF during the third quarter worth approximately $154,000. Finally, EverSource Wealth Advisors LLC acquired a new stake in OneAscent Core Plus Bond ETF during the third quarter worth approximately $44,000.

OneAscent Core Plus Bond ETF Stock Performance

OACP stock traded down $0.10 during trading on Tuesday, hitting $23.08. The company had a trading volume of 3,868 shares, compared to its average volume of 31,763. The business has a 50-day moving average of $23.14 and a 200-day moving average of $22.98. OneAscent Core Plus Bond ETF has a one year low of $22.14 and a one year high of $23.77.

OneAscent Core Plus Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, January 5th. Stockholders of record on Tuesday, December 30th will be given a dividend of $0.1024 per share. This represents a c) annualized dividend and a dividend yield of 5.3%. This is a boost from OneAscent Core Plus Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date is Tuesday, December 30th.

About OneAscent Core Plus Bond ETF

The OneAscent Core Plus Bond ETF (OACP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that provides exposure to debt securities of any maturity while applying special consideration to values-based and proprietary impact criteria. OACP was launched on Mar 30, 2022 and is managed by Oneascent.