OneAscent International Equity ETF (NYSEARCA:OAIM) Sees Large Decrease in Short Interest

OneAscent International Equity ETF (NYSEARCA:OAIM) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 18,053 shares, a decrease of 36.7% from the May 14th total of 28,506 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 24,642 shares, the short-interest ratio is presently 0.7 days.

OneAscent International Equity ETF Trading Down 0.5%

OneAscent International Equity ETF stock traded down $0.26 during mid-day trading on Tuesday, hitting $47.77. The company had a trading volume of 24,127 shares, compared to its average volume of 29,184. OneAscent International Equity ETF has a 12 month low of $36.52 and a 12 month high of $50.14. The company has a market capitalization of $358.28 million, a PE ratio of 16.77 and a beta of 0.74. The stock’s 50 day moving average price is $46.27 and its two-hundred day moving average price is $44.12.

Institutional Trading of OneAscent International Equity ETF

Several institutional investors have recently bought and sold shares of OAIM. Cornerstone Financial Management LLC purchased a new position in shares of OneAscent International Equity ETF in the fourth quarter worth approximately $1,142,000. EverSource Wealth Advisors LLC grew its position in OneAscent International Equity ETF by 1,326.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 15,194 shares of the company’s stock valued at $629,000 after buying an additional 14,129 shares during the period. Flow Traders U.S. LLC purchased a new stake in OneAscent International Equity ETF during the third quarter valued at approximately $330,000. Finally, JPMorgan Chase & Co. raised its position in OneAscent International Equity ETF by 178,333.3% in the third quarter. JPMorgan Chase & Co. now owns 5,353 shares of the company’s stock worth $215,000 after acquiring an additional 5,350 shares during the period.

OneAscent International Equity ETF Company Profile

The OneAscent International Equity ETF (OAIM) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in an equity portfolio of large- and mid-cap non-US companies. The fund combines an ESG screening methodology with its fundamental investment process OAIM was launched on Sep 15, 2022 and is managed by Oneascent.