OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Shares Shorted: Short Interest Up 2,975.2% in October

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 67,838 shares, an increase of 2,975.2% from the October 15th total of 2,206 shares. Based on an average daily volume of 126,277 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.6% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of OACP. Mascoma Wealth Management LLC raised its position in OneAscent Core Plus Bond ETF by 1,021.9% in the 3rd quarter. Mascoma Wealth Management LLC now owns 35,318 shares of the company’s stock valued at $764,000 after buying an additional 32,170 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in OneAscent Core Plus Bond ETF by 166.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 10,459 shares of the company’s stock valued at $238,000 after acquiring an additional 6,536 shares in the last quarter. CX Institutional purchased a new position in OneAscent Core Plus Bond ETF during the 3rd quarter worth $168,000. Finally, Harbour Investments Inc. bought a new stake in shares of OneAscent Core Plus Bond ETF in the 3rd quarter worth $49,000.

OneAscent Core Plus Bond ETF Stock Down 0.6%

Shares of OneAscent Core Plus Bond ETF stock traded down $0.13 on Tuesday, hitting $21.99. 20,945 shares of the company’s stock traded hands, compared to its average volume of 58,442. OneAscent Core Plus Bond ETF has a one year low of $21.58 and a one year high of $23.31. The company has a fifty day moving average of $21.97 and a two-hundred day moving average of $22.56.

OneAscent Core Plus Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 3rd. Shareholders of record on Thursday, October 29th were paid a dividend of $0.0914 per share. This is an increase from OneAscent Core Plus Bond ETF’s previous monthly dividend of $0.0803. The ex-dividend date was Thursday, October 29th. This represents a $1.10 dividend on an annualized basis and a yield of 5.0%.

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.