OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Sees Significant Growth in Short Interest

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 55,337 shares, a growth of 151.7% from the June 15th total of 21,988 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 52,210 shares, the short-interest ratio is currently 1.1 days.

OneAscent Core Plus Bond ETF Price Performance

Shares of OneAscent Core Plus Bond ETF stock traded up $0.04 during trading hours on Wednesday, reaching $22.60. 28,212 shares of the company’s stock were exchanged, compared to its average volume of 48,465. OneAscent Core Plus Bond ETF has a 1 year low of $22.43 and a 1 year high of $23.77. The business has a fifty day moving average of $22.67 and a two-hundred day moving average of $22.87.

Hedge Funds Weigh In On OneAscent Core Plus Bond ETF

A hedge fund recently raised its position in OneAscent Core Plus Bond ETF stock. EverSource Wealth Advisors LLC grew its stake in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) by 107.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,923 shares of the company’s stock after purchasing an additional 2,035 shares during the period. EverSource Wealth Advisors LLC’s holdings in OneAscent Core Plus Bond ETF were worth $90,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About OneAscent Core Plus Bond ETF

The OneAscent Core Plus Bond ETF (OACP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that provides exposure to debt securities of any maturity while applying special consideration to values-based and proprietary impact criteria. OACP was launched on Mar 30, 2022 and is managed by Oneascent.