OneAscent Large Cap Core ETF (NYSEARCA:OALC) Short Interest Down 27.4% in March

OneAscent Large Cap Core ETF (NYSEARCA:OALC) was the target of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 17,320 shares, a decrease of 27.4% from the February 26th total of 23,856 shares. Based on an average daily trading volume, of 16,872 shares, the short-interest ratio is presently 1.0 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Investors Weigh In On OneAscent Large Cap Core ETF

Institutional investors have recently made changes to their positions in the stock. OneAscent Financial Services LLC increased its holdings in OneAscent Large Cap Core ETF by 103.3% in the fourth quarter. OneAscent Financial Services LLC now owns 2,545,390 shares of the company’s stock valued at $90,234,000 after purchasing an additional 1,293,607 shares during the last quarter. OneAscent Wealth Management LLC grew its position in shares of OneAscent Large Cap Core ETF by 8.6% during the 4th quarter. OneAscent Wealth Management LLC now owns 1,161,419 shares of the company’s stock worth $41,172,000 after buying an additional 92,137 shares during the period. Envestnet Asset Management Inc. grew its position in shares of OneAscent Large Cap Core ETF by 249.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 44,887 shares of the company’s stock worth $1,562,000 after buying an additional 32,033 shares during the period. LPL Financial LLC increased its stake in shares of OneAscent Large Cap Core ETF by 90.1% in the 4th quarter. LPL Financial LLC now owns 58,517 shares of the company’s stock valued at $2,074,000 after acquiring an additional 27,740 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of OneAscent Large Cap Core ETF in the 4th quarter valued at about $676,000.

OneAscent Large Cap Core ETF Stock Performance

OALC traded down $0.27 during trading on Monday, reaching $33.37. 10,225 shares of the company’s stock were exchanged, compared to its average volume of 18,107. The company’s fifty day moving average price is $35.58 and its 200-day moving average price is $35.38. OneAscent Large Cap Core ETF has a fifty-two week low of $25.05 and a fifty-two week high of $36.82. The firm has a market capitalization of $184.54 million, a PE ratio of 25.77 and a beta of 0.93.

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.