Short Interest in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Grows By 200.9%

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 55,246 shares, an increase of 200.9% from the May 14th total of 18,358 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 45,097 shares, the days-to-cover ratio is currently 1.2 days.

OneAscent Core Plus Bond ETF Price Performance

Shares of OneAscent Core Plus Bond ETF stock opened at $22.73 on Friday. The firm has a 50-day moving average of $22.74 and a 200-day moving average of $22.94. OneAscent Core Plus Bond ETF has a 52-week low of $22.43 and a 52-week high of $23.77.

Institutional Investors Weigh In On OneAscent Core Plus Bond ETF

A hedge fund recently raised its stake in OneAscent Core Plus Bond ETF stock. EverSource Wealth Advisors LLC increased its holdings in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) by 166.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,459 shares of the company’s stock after buying an additional 6,536 shares during the period. EverSource Wealth Advisors LLC owned 0.10% of OneAscent Core Plus Bond ETF worth $238,000 as of its most recent filing with the Securities and Exchange Commission.

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.