OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Short Interest Down 14.2% in March

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) was the target of a significant decline in short interest during the month of March. As of March 31st, there was short interest totaling 19,583 shares, a decline of 14.2% from the March 15th total of 22,815 shares. Based on an average daily trading volume, of 37,845 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the shares of the stock are sold short.

OneAscent Core Plus Bond ETF Stock Performance

Shares of OneAscent Core Plus Bond ETF stock traded up $0.07 during trading on Friday, reaching $22.95. The company’s stock had a trading volume of 16,629 shares, compared to its average volume of 45,174. The stock has a 50-day moving average price of $22.96 and a two-hundred day moving average price of $23.06. OneAscent Core Plus Bond ETF has a one year low of $22.29 and a one year high of $23.77.

OneAscent Core Plus Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Thursday, February 26th were issued a $0.0756 dividend. This is a positive change from OneAscent Core Plus Bond ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Thursday, February 26th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC bought a new position in shares of OneAscent Core Plus Bond ETF in the third quarter valued at about $44,000. Winnow Wealth LLC acquired a new stake in OneAscent Core Plus Bond ETF in the third quarter worth about $154,000. Finally, Strategic Blueprint LLC increased its position in OneAscent Core Plus Bond ETF by 13.3% in the third quarter. Strategic Blueprint LLC now owns 19,375 shares of the company’s stock worth $447,000 after purchasing an additional 2,274 shares during the period.

OneAscent Core Plus Bond ETF Company Profile

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.