Short Interest in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Rises By 200.9%

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 55,246 shares, a growth of 200.9% from the May 14th total of 18,358 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily volume of 45,097 shares, the days-to-cover ratio is currently 1.2 days.

OneAscent Core Plus Bond ETF Stock Performance

NYSEARCA:OACP traded down $0.02 on Friday, hitting $22.71. The stock had a trading volume of 29,981 shares, compared to its average volume of 48,884. The company has a fifty day moving average price of $22.74 and a two-hundred day moving average price of $22.94. OneAscent Core Plus Bond ETF has a 1-year low of $22.43 and a 1-year high of $23.77.

Hedge Funds Weigh In On OneAscent Core Plus Bond ETF

A hedge fund recently raised its stake in OneAscent Core Plus Bond ETF stock. EverSource Wealth Advisors LLC lifted its stake in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) by 166.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 10,459 shares of the company’s stock after acquiring an additional 6,536 shares during the quarter. EverSource Wealth Advisors LLC owned 0.10% of OneAscent Core Plus Bond ETF worth $238,000 at the end of the most recent reporting period.

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.