Short Interest in OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Drops By 89.8%

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 813 shares, a decrease of 89.8% from the December 31st total of 7,958 shares. Based on an average daily volume of 14,182 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 14,182 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On OneAscent Emerging Markets ETF

A hedge fund recently raised its stake in OneAscent Emerging Markets ETF stock. Creative Financial Designs Inc. ADV increased its stake in shares of OneAscent Emerging Markets ETF (NYSEARCA:OAEM) by 50.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,252 shares of the company’s stock after purchasing an additional 3,112 shares during the quarter. Creative Financial Designs Inc. ADV owned approximately 0.49% of OneAscent Emerging Markets ETF worth $318,000 at the end of the most recent reporting period.

OneAscent Emerging Markets ETF Stock Up 0.5%

Shares of OAEM traded up $0.22 during midday trading on Wednesday, hitting $41.81. The company’s stock had a trading volume of 4,380 shares, compared to its average volume of 12,693. OneAscent Emerging Markets ETF has a one year low of $25.86 and a one year high of $42.00. The stock has a market capitalization of $91.98 million, a price-to-earnings ratio of 13.87 and a beta of 0.79. The company’s fifty day simple moving average is $36.61 and its two-hundred day simple moving average is $34.80.

OneAscent Emerging Markets ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Monday, January 5th. Stockholders 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 dividend 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.