OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Short Interest Up 252.4% in August

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 65,435 shares, an increase of 252.4% from the August 15th total of 18,569 shares. Based on an average daily trading volume, of 51,039 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.5% of the company’s stock are sold short.

OneAscent Core Plus Bond ETF Trading Down 0.0%

OneAscent Core Plus Bond ETF stock traded down $0.01 during midday trading on Friday, reaching $22.10. The company’s stock had a trading volume of 33,519 shares, compared to its average volume of 49,555. The stock’s 50-day simple moving average is $22.44 and its 200-day simple moving average is $22.67. OneAscent Core Plus Bond ETF has a 52-week low of $22.09 and a 52-week high of $23.77.

OneAscent Core Plus Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Thursday, July 30th were paid a dividend of $0.088 per share. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Thursday, July 30th. This is a positive change from OneAscent Core Plus Bond ETF’s previous monthly dividend of $0.08.

Hedge Funds Weigh In On OneAscent Core Plus Bond ETF

A hedge fund recently raised its position in OneAscent Core Plus Bond ETF stock. EverSource Wealth Advisors LLC lifted its position in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) by 107.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,923 shares of the company’s stock after purchasing an additional 2,035 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in OneAscent Core Plus Bond ETF were worth $90,000 as of its most recent SEC filing.

About OneAscent Core Plus Bond ETF

The OneAscent Core Plus Bond ETF (OACP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that provides exposure to debt securities of any maturity while applying special consideration to values-based and proprietary impact criteria. OACP was launched on Mar 30, 2022 and is managed by Oneascent.