OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Sees Large Decrease in Short Interest

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 813 shares, a decline of 89.8% from the December 31st total of 7,958 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 14,182 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 14,182 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

OneAscent Emerging Markets ETF Stock Performance

Shares of NYSEARCA:OAEM traded down $0.43 during midday trading on Thursday, hitting $41.38. 10,005 shares of the company’s stock traded hands, compared to its average volume of 12,548. The firm’s fifty day moving average price is $36.92 and its two-hundred day moving average price is $34.89. OneAscent Emerging Markets ETF has a twelve month low of $25.86 and a twelve month high of $42.19. The company has a market cap of $91.04 million, a PE ratio of 13.87 and a beta of 0.79.

OneAscent Emerging Markets ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Monday, January 5th. Investors of record on Tuesday, December 30th were issued a $0.2828 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 77.0%.

Institutional Investors Weigh In On OneAscent Emerging Markets ETF

An institutional investor recently raised its position in OneAscent Emerging Markets ETF stock. EverSource Wealth Advisors LLC raised its position in OneAscent Emerging Markets ETF (NYSEARCA:OAEM) by 104.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,683 shares of the company’s stock after purchasing an additional 861 shares during the quarter. EverSource Wealth Advisors LLC owned about 0.09% of OneAscent Emerging Markets ETF worth $58,000 as of its most recent filing with the Securities and Exchange Commission.

OneAscent Emerging Markets ETF Company Profile

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.