Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) Sees Significant Decline in Short Interest

Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 935 shares, a decline of 60.5% from the July 15th total of 2,368 shares. Based on an average trading volume of 30,176 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Sovereigns Capital Flourish Fund Stock Down 0.2%

Shares of NYSEARCA:SOVF traded down $0.07 during midday trading on Friday, hitting $32.44. 1,926 shares of the stock traded hands, compared to its average volume of 11,887. The business’s 50 day moving average is $30.13 and its two-hundred day moving average is $28.93. The stock has a market capitalization of $92.13 million, a PE ratio of 21.31 and a beta of 0.94. Sovereigns Capital Flourish Fund has a one year low of $26.51 and a one year high of $32.51.

Institutional Investors Weigh In On Sovereigns Capital Flourish Fund

Several institutional investors and hedge funds have recently bought and sold shares of SOVF. Bank of America Corp DE bought a new stake in shares of Sovereigns Capital Flourish Fund in the 3rd quarter worth approximately $25,000. Aptus Capital Advisors LLC purchased a new stake in Sovereigns Capital Flourish Fund in the third quarter worth $60,000. Operose Advisors LLC boosted its holdings in Sovereigns Capital Flourish Fund by 30.6% in the fourth quarter. Operose Advisors LLC now owns 2,016 shares of the company’s stock valued at $59,000 after acquiring an additional 472 shares in the last quarter. AIFG Consultants Ltd. bought a new stake in Sovereigns Capital Flourish Fund in the fourth quarter valued at $222,000. Finally, Envestnet Asset Management Inc. purchased a new position in Sovereigns Capital Flourish Fund during the 3rd quarter valued at $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.