OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Short Interest Update

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 5,017 shares, an increase of 1,058.7% from the May 31st total of 433 shares. Based on an average daily trading volume, of 13,270 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are short sold.

OneAscent Emerging Markets ETF Stock Up 2.0%

OAEM opened at $49.60 on Friday. The business has a 50 day moving average price of $47.68 and a two-hundred day moving average price of $42.80. The company has a market cap of $110.11 million, a PE ratio of 13.87 and a beta of 0.89. OneAscent Emerging Markets ETF has a 52 week low of $32.12 and a 52 week high of $51.84.

Institutional Inflows and Outflows

A hedge fund recently raised its position in OneAscent Emerging Markets ETF stock. EverSource Wealth Advisors LLC lifted its stake in shares of OneAscent Emerging Markets ETF (NYSEARCA:OAEM) by 31.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,208 shares of the company’s stock after purchasing an additional 525 shares during the quarter. EverSource Wealth Advisors LLC owned about 0.10% of OneAscent Emerging Markets ETF worth $81,000 at the end of the most recent quarter.

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.