OneAscent Small Cap Core ETF (NYSEARCA:OASC) Sees Significant Increase in Short Interest

OneAscent Small Cap Core ETF (NYSEARCA:OASC) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 7,937 shares, an increase of 1,294.9% from the December 15th total of 569 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 9,155 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 9,155 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. IFP Advisors Inc lifted its holdings in shares of OneAscent Small Cap Core ETF by 655.4% in the second quarter. IFP Advisors Inc now owns 6,308 shares of the company’s stock worth $164,000 after buying an additional 5,473 shares in the last quarter. Plan A Wealth LLC purchased a new stake in OneAscent Small Cap Core ETF in the 3rd quarter worth $209,000. Strategic Blueprint LLC bought a new position in shares of OneAscent Small Cap Core ETF during the 2nd quarter valued at about $264,000. OneAscent Investment Solutions LLC boosted its holdings in shares of OneAscent Small Cap Core ETF by 41.0% during the 3rd quarter. OneAscent Investment Solutions LLC now owns 14,167 shares of the company’s stock valued at $404,000 after purchasing an additional 4,122 shares during the last quarter. Finally, OneAscent Family Office LLC lifted its position in shares of OneAscent Small Cap Core ETF by 27.5% in the second quarter. OneAscent Family Office LLC now owns 22,494 shares of the company’s stock worth $585,000 after buying an additional 4,849 shares in the last quarter.

OneAscent Small Cap Core ETF Trading Down 0.0%

Shares of OASC traded down $0.01 during trading hours on Monday, reaching $30.52. 21,059 shares of the stock traded hands, compared to its average volume of 10,908. OneAscent Small Cap Core ETF has a 52-week low of $21.44 and a 52-week high of $30.61. The company has a market cap of $70.20 million, a P/E ratio of 17.24 and a beta of 1.31. The company’s 50-day moving average price is $29.33 and its two-hundred day moving average price is $28.25.

OneAscent Small Cap Core ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Monday, January 5th. Investors of record on Tuesday, December 30th were given a dividend of $0.1572 per share. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 53.0%.

OneAscent Small Cap Core ETF Company Profile

The OneAscent Small Cap Core ETF (OASC) is an exchange-traded fund that is based on the S&P Small Cap 600 index. The fund is actively managed to invest in 200 small-cap companies in the US. The fund uses a proprietary, value-based screening process. OASC was launched on Jun 13, 2024 and is issued by Oneascent.