Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) Short Interest Update

Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) was the target of a large drop in short interest in December. As of December 15th, there was short interest totaling 1,302 shares, a drop of 52.4% from the November 30th total of 2,735 shares. Based on an average daily volume of 53,477 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 53,477 shares, the short-interest ratio is currently 0.0 days.

Sovereigns Capital Flourish Fund Price Performance

NYSEARCA:SOVF traded up $0.02 during trading hours on Friday, reaching $29.67. 3,360 shares of the company traded hands, compared to its average volume of 16,647. The firm’s 50-day moving average is $28.80 and its 200-day moving average is $29.72. The stock has a market cap of $113.64 million, a P/E ratio of 21.31 and a beta of 1.11. Sovereigns Capital Flourish Fund has a 1-year low of $25.70 and a 1-year high of $33.04.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SOVF. Susquehanna International Group LLP grew its holdings in shares of Sovereigns Capital Flourish Fund by 30.9% during the third quarter. Susquehanna International Group LLP now owns 14,926 shares of the company’s stock worth $452,000 after buying an additional 3,525 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of Sovereigns Capital Flourish Fund during the third quarter valued at approximately $25,000. Vident Advisory LLC boosted its position in Sovereigns Capital Flourish Fund by 0.8% during the third quarter. Vident Advisory LLC now owns 416,936 shares of the company’s stock worth $12,626,000 after acquiring an additional 3,352 shares during the last quarter. CreativeOne Wealth LLC grew its stake in Sovereigns Capital Flourish Fund by 0.7% in the 3rd quarter. CreativeOne Wealth LLC now owns 231,534 shares of the company’s stock worth $7,012,000 after acquiring an additional 1,670 shares during the period. Finally, Aptus Capital Advisors LLC purchased a new stake in Sovereigns Capital Flourish Fund in the 3rd quarter worth approximately $60,000.

About Sovereigns Capital Flourish Fund

The Sovereign’s Capital Flourish Fund (SOVF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in 80 to 100 US companies whose leaders seek to build corporate cultures based on biblical values. SOVF was launched on Oct 3, 2023 and is issued by Sovereign’s.