Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) Short Interest Update

Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 2,837 shares, a decline of 40.1% from the April 15th total of 4,734 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 6,820 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On Sovereigns Capital Flourish Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Cornerstone Management Inc. raised its stake in shares of Sovereigns Capital Flourish Fund by 3.1% in the 1st quarter. Cornerstone Management Inc. now owns 604,973 shares of the company’s stock valued at $16,219,000 after acquiring an additional 18,404 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Sovereigns Capital Flourish Fund by 32.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 600,714 shares of the company’s stock valued at $16,105,000 after acquiring an additional 145,551 shares during the period. Vident Advisory LLC raised its stake in shares of Sovereigns Capital Flourish Fund by 0.8% in the 3rd quarter. Vident Advisory LLC now owns 416,936 shares of the company’s stock valued at $12,626,000 after acquiring an additional 3,352 shares during the period. CreativeOne Wealth LLC raised its stake in shares of Sovereigns Capital Flourish Fund by 0.7% in the 3rd quarter. CreativeOne Wealth LLC now owns 231,534 shares of the company’s stock valued at $7,012,000 after acquiring an additional 1,670 shares during the period. Finally, Bare Financial Services Inc raised its stake in shares of Sovereigns Capital Flourish Fund by 24.5% in the 4th quarter. Bare Financial Services Inc now owns 133,326 shares of the company’s stock valued at $3,890,000 after acquiring an additional 26,202 shares during the period.

Sovereigns Capital Flourish Fund Stock Performance

Shares of Sovereigns Capital Flourish Fund stock traded down $0.04 on Tuesday, reaching $28.29. The company had a trading volume of 2,234 shares, compared to its average volume of 12,617. The firm’s 50 day moving average price is $27.85 and its two-hundred day moving average price is $28.59. The firm has a market cap of $91.38 million, a PE ratio of 21.31 and a beta of 1.05. Sovereigns Capital Flourish Fund has a 52-week low of $26.51 and a 52-week high of $31.38.

About Sovereigns Capital Flourish Fund

The Sovereign’s Capital Flourish Fund (SOVF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in 80 to 100 US companies whose leaders seek to build corporate cultures based on biblical values. SOVF was launched on Oct 3, 2023 and is issued by Sovereign’s.