OneAscent Large Cap Core ETF (NYSEARCA:OALC) Short Interest Up 1,831.6% in February

OneAscent Large Cap Core ETF (NYSEARCA:OALC) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 15,240 shares, an increase of 1,831.6% from the January 29th total of 789 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 18,028 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 18,028 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Trading of OneAscent Large Cap Core ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp increased its stake in shares of OneAscent Large Cap Core ETF by 330.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 22,077 shares of the company’s stock valued at $763,000 after acquiring an additional 16,952 shares during the last quarter. Envestnet Asset Management Inc. purchased a new stake in OneAscent Large Cap Core ETF in the second quarter valued at approximately $417,000. OneAscent Wealth Management LLC increased its position in OneAscent Large Cap Core ETF by 9.1% during the third quarter. OneAscent Wealth Management LLC now owns 1,069,282 shares of the company’s stock worth $37,220,000 after purchasing an additional 88,981 shares during the last quarter. Atria Investments Inc increased its position in OneAscent Large Cap Core ETF by 10.9% during the second quarter. Atria Investments Inc now owns 925,763 shares of the company’s stock worth $30,041,000 after purchasing an additional 91,316 shares during the last quarter. Finally, First Heartland Consultants Inc. raised its stake in OneAscent Large Cap Core ETF by 1.5% during the third quarter. First Heartland Consultants Inc. now owns 65,406 shares of the company’s stock worth $2,277,000 after purchasing an additional 989 shares during the period.

OneAscent Large Cap Core ETF Stock Performance

NYSEARCA OALC traded up $0.32 during mid-day trading on Wednesday, reaching $36.39. 12,429 shares of the stock were exchanged, compared to its average volume of 20,120. The stock has a market capitalization of $201.24 million, a PE ratio of 25.77 and a beta of 0.93. OneAscent Large Cap Core ETF has a 1-year low of $25.05 and a 1-year high of $36.82. The business’s fifty day simple moving average is $35.96 and its 200 day simple moving average is $35.16.

OneAscent Large Cap Core ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Monday, January 5th. Investors of record on Tuesday, December 30th were paid a $0.2152 dividend. This represents a yield of 60.0%. The ex-dividend date was Tuesday, December 30th.

About OneAscent Large Cap Core ETF

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.