OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Sees Significant Decrease in Short Interest

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the target of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 495 shares, a drop of 39.1% from the January 15th total of 813 shares. Based on an average daily volume of 9,920 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 9,920 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On OneAscent Emerging Markets ETF

An institutional investor recently raised its position in OneAscent Emerging Markets ETF stock. EverSource Wealth Advisors LLC grew its stake in OneAscent Emerging Markets ETF (NYSEARCA:OAEM) by 104.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,683 shares of the company’s stock after purchasing an additional 861 shares during the quarter. EverSource Wealth Advisors LLC owned approximately 0.09% of OneAscent Emerging Markets ETF worth $58,000 as of its most recent filing with the SEC.

OneAscent Emerging Markets ETF Stock Performance

OneAscent Emerging Markets ETF stock traded up $0.21 during trading on Friday, hitting $43.28. The company’s stock had a trading volume of 2,130 shares, compared to its average volume of 11,548. The stock’s fifty day moving average is $38.35 and its 200 day moving average is $35.50. OneAscent Emerging Markets ETF has a 1-year low of $25.86 and a 1-year high of $43.69. The stock has a market capitalization of $95.22 million, a price-to-earnings ratio of 13.87 and a beta of 0.79.

OneAscent Emerging Markets ETF Dividend Announcement

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

About OneAscent Emerging Markets ETF

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.