OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Shares Shorted: Short Interest Up 152.7% in September

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 8,397 shares, an increase of 152.7% from the September 15th total of 3,323 shares. Based on an average daily volume of 39,766 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are sold short.

OneAscent Emerging Markets ETF Stock Down 0.4%

Shares of NYSEARCA:OAEM traded down $0.20 on Monday, reaching $49.21. 3,619 shares of the company’s stock were exchanged, compared to its average volume of 19,901. The firm has a market capitalization of $136.80 million, a price-to-earnings ratio of 13.87 and a beta of 0.90. OneAscent Emerging Markets ETF has a fifty-two week low of $33.23 and a fifty-two week high of $51.84. The business’s 50-day moving average is $49.03 and its two-hundred day moving average is $47.43.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in OneAscent Emerging Markets ETF stock. EverSource Wealth Advisors LLC lifted its holdings in shares of OneAscent Emerging Markets ETF (NYSEARCA:OAEM) by 61.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,555 shares of the company’s stock after buying an additional 1,347 shares during the period. EverSource Wealth Advisors LLC owned 0.16% of OneAscent Emerging Markets ETF worth $143,000 at the end of the most recent reporting period.

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.