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

OneAscent Large Cap Core ETF (NYSEARCA:OALC) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 15,240 shares, an increase of 1,831.6% from the January 29th total of 789 shares. Based on an average daily volume of 18,028 shares, the short-interest ratio is presently 0.8 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 18,028 shares, the short-interest ratio is presently 0.8 days.

Hedge Funds Weigh In On OneAscent Large Cap Core ETF

Several institutional investors and hedge funds have recently bought and sold shares of OALC. Envestnet Asset Management Inc. purchased a new stake in shares of OneAscent Large Cap Core ETF in the second quarter worth approximately $417,000. Atria Investments Inc increased its stake in OneAscent Large Cap Core ETF by 10.9% in the 2nd quarter. Atria Investments Inc now owns 925,763 shares of the company’s stock valued at $30,041,000 after buying an additional 91,316 shares during the period. Jane Street Group LLC increased its stake 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 valued at $469,000 after buying an additional 7,143 shares during the period. Security Financial Services INC. purchased a new stake in OneAscent Large Cap Core ETF in the 3rd quarter worth approximately $341,000. Finally, TrueWealth Advisors LLC boosted its stake in shares of OneAscent Large Cap Core ETF by 12.7% during the 3rd quarter. TrueWealth Advisors LLC now owns 99,936 shares of the company’s stock valued at $3,479,000 after buying an additional 11,245 shares during the period.

OneAscent Large Cap Core ETF Stock Down 0.7%

OALC opened at $36.13 on Friday. The stock has a fifty day moving average of $36.01 and a 200-day moving average of $35.17. The firm has a market capitalization of $199.80 million, a P/E ratio of 25.77 and a beta of 0.93. OneAscent Large Cap Core ETF has a 12-month low of $25.05 and a 12-month high of $36.82.

OneAscent Large Cap Core ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Monday, January 5th. Investors of record on Tuesday, December 30th were paid a $0.2152 dividend. This represents a yield of 60.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

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.