OneAscent Large Cap Core ETF (NYSEARCA:OALC) Short Interest Up 83.3% in May

OneAscent Large Cap Core ETF (NYSEARCA:OALC) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 46,333 shares, a growth of 83.3% from the May 14th total of 25,280 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 20,004 shares, the days-to-cover ratio is currently 2.3 days.

Hedge Funds Weigh In On OneAscent Large Cap Core ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. OneAscent Financial Services LLC boosted its holdings in shares of OneAscent Large Cap Core ETF by 103.3% in the 4th quarter. OneAscent Financial Services LLC now owns 2,545,390 shares of the company’s stock worth $90,234,000 after buying an additional 1,293,607 shares during the last quarter. OneAscent Wealth Management LLC boosted its holdings in shares of OneAscent Large Cap Core ETF by 8.6% in the 4th quarter. OneAscent Wealth Management LLC now owns 1,161,419 shares of the company’s stock worth $41,172,000 after buying an additional 92,137 shares during the last quarter. TrueWealth Advisors LLC boosted its holdings in shares of OneAscent Large Cap Core ETF by 15.2% in the 4th quarter. TrueWealth Advisors LLC now owns 115,171 shares of the company’s stock worth $4,083,000 after buying an additional 15,235 shares during the last quarter. RFG Advisory LLC boosted its holdings in shares of OneAscent Large Cap Core ETF by 8.1% in the 1st quarter. RFG Advisory LLC now owns 83,994 shares of the company’s stock worth $2,879,000 after buying an additional 6,314 shares during the last quarter. Finally, First Heartland Consultants Inc. lifted its holdings in OneAscent Large Cap Core ETF by 0.8% during the fourth quarter. First Heartland Consultants Inc. now owns 65,955 shares of the company’s stock valued at $2,338,000 after purchasing an additional 549 shares during the last quarter.

OneAscent Large Cap Core ETF Stock Performance

Shares of NYSEARCA:OALC opened at $40.76 on Wednesday. The company’s 50-day moving average is $38.93 and its 200 day moving average is $36.78. The company has a market capitalization of $232.33 million, a P/E ratio of 25.77 and a beta of 0.95. OneAscent Large Cap Core ETF has a fifty-two week low of $30.97 and a fifty-two week high of $41.27.

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.