OneAscent Large Cap Core ETF (NYSEARCA:OALC) Sees Large Increase in Short Interest

OneAscent Large Cap Core ETF (NYSEARCA:OALC) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 25,280 shares, an increase of 148.0% from the April 30th total of 10,195 shares. Based on an average daily trading volume, of 21,471 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Trading of OneAscent Large Cap Core ETF

Large investors have recently modified their holdings of the business. SHP Wealth Management acquired a new stake in shares of OneAscent Large Cap Core ETF during the fourth quarter valued at about $158,000. Equitable Holdings Inc. acquired a new position in OneAscent Large Cap Core ETF in the third quarter worth about $247,000. Values First Advisors Inc. grew its stake in OneAscent Large Cap Core ETF by 88.2% in the fourth quarter. Values First Advisors Inc. now owns 7,523 shares of the company’s stock worth $267,000 after purchasing an additional 3,525 shares in the last quarter. Plan A Wealth LLC acquired a new position in OneAscent Large Cap Core ETF in the third quarter worth about $282,000. Finally, Kestra Advisory Services LLC grew its stake in OneAscent Large Cap Core ETF by 3.7% in the fourth quarter. Kestra Advisory Services LLC now owns 11,409 shares of the company’s stock worth $404,000 after purchasing an additional 404 shares in the last quarter.

OneAscent Large Cap Core ETF Stock Up 0.7%

Shares of OneAscent Large Cap Core ETF stock opened at $41.04 on Tuesday. The firm has a market cap of $233.93 million, a PE ratio of 25.77 and a beta of 0.95. The business’s fifty day moving average is $37.61 and its two-hundred day moving average is $36.35. OneAscent Large Cap Core ETF has a fifty-two week low of $30.51 and a fifty-two week high of $41.06.

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.