Short Interest in OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Drops By 63.9%

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the target of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 1,394 shares, a drop of 63.9% from the February 26th total of 3,862 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 10,922 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 10,922 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

OneAscent Emerging Markets ETF Stock Performance

Shares of OneAscent Emerging Markets ETF stock opened at $40.48 on Wednesday. The stock has a market cap of $89.06 million, a price-to-earnings ratio of 13.87 and a beta of 0.79. The stock has a 50 day moving average price of $41.73 and a 200-day moving average price of $37.44. OneAscent Emerging Markets ETF has a one year low of $25.86 and a one year high of $45.97.

OneAscent Emerging Markets ETF Dividend Announcement

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

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

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.