Short Interest in OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Rises By 27.1%

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 3,862 shares, an increase of 27.1% from the February 12th total of 3,038 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 9,659 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 9,659 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in OneAscent Emerging Markets ETF stock. EverSource Wealth Advisors LLC raised its position in shares of OneAscent Emerging Markets ETF (NYSEARCA:OAEM) by 104.7% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,683 shares of the company’s stock after buying an additional 861 shares during the period. EverSource Wealth Advisors LLC owned about 0.09% of OneAscent Emerging Markets ETF worth $58,000 at the end of the most recent reporting period.

OneAscent Emerging Markets ETF Stock Up 3.7%

Shares of NYSEARCA OAEM traded up $1.48 during midday trading on Monday, reaching $41.35. The company had a trading volume of 4,639 shares, compared to its average volume of 10,923. The stock has a market cap of $90.97 million, a PE ratio of 13.87 and a beta of 0.79. OneAscent Emerging Markets ETF has a one year low of $25.86 and a one year high of $45.97. The firm’s fifty day moving average price is $41.41 and its 200-day moving average price is $37.08.

OneAscent Emerging Markets ETF Dividend Announcement

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

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.