OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Stock Short Interest Jumps 152.7%

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 8,397 shares, a growth of 152.7% from the September 15th total of 3,323 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 39,766 shares, the short-interest ratio is presently 0.2 days.

OneAscent Emerging Markets ETF Stock Performance

NYSEARCA OAEM traded down $0.57 during mid-day trading on Tuesday, reaching $48.64. 6,302 shares of the stock were exchanged, compared to its average volume of 19,831. OneAscent Emerging Markets ETF has a 1-year low of $33.23 and a 1-year high of $51.84. The business’s fifty day simple moving average is $49.04 and its 200 day simple moving average is $47.49. The stock has a market capitalization of $135.22 million, a PE ratio of 13.87 and a beta of 0.90.

Institutional Inflows and Outflows

An institutional investor recently raised its position in OneAscent Emerging Markets ETF stock. EverSource Wealth Advisors LLC lifted its holdings in shares of OneAscent Emerging Markets ETF (NYSEARCA:OAEM) by 61.0% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,555 shares of the company’s stock after purchasing an additional 1,347 shares during the quarter. EverSource Wealth Advisors LLC owned about 0.16% of OneAscent Emerging Markets ETF worth $143,000 as of its most recent SEC filing.

About OneAscent Emerging Markets ETF

The OneAscent Emerging Markets ETF (OAEM) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in an equity portfolio of large-, mid-, and small-cap emerging market companies. The fund combines an ESG screening methodology with its fundamental investment process. OAEM was launched on Sep 15, 2022 and is managed by Oneascent.