OneAscent Large Cap Core ETF (NYSEARCA:OALC) Stock Short Interest Falls 47.6%

OneAscent Large Cap Core ETF (NYSEARCA:OALC) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 21,543 shares, a decline of 47.6% from the September 30th total of 41,077 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 34,185 shares, the days-to-cover ratio is presently 0.6 days.

OneAscent Large Cap Core ETF Price Performance

Shares of NYSEARCA:OALC traded down $0.79 during trading hours on Friday, hitting $40.47. 12,982 shares of the company’s stock traded hands, compared to its average volume of 21,314. OneAscent Large Cap Core ETF has a 1 year low of $33.37 and a 1 year high of $42.69. The business has a fifty day moving average price of $41.42 and a 200-day moving average price of $39.04. The firm has a market capitalization of $273.17 million, a P/E ratio of 25.77 and a beta of 0.95.

Institutional Investors Weigh In On OneAscent Large Cap Core ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. RFG Advisory LLC boosted its position in shares of OneAscent Large Cap Core ETF by 1.4% in the 2nd quarter. RFG Advisory LLC now owns 85,155 shares of the company’s stock valued at $3,494,000 after purchasing an additional 1,161 shares during the period. Kestra Advisory Services LLC grew its stake in shares of OneAscent Large Cap Core ETF by 13.8% in the 1st quarter. Kestra Advisory Services LLC now owns 12,982 shares of the company’s stock valued at $445,000 after purchasing an additional 1,573 shares during the last quarter. Security Financial Services INC. raised its position in OneAscent Large Cap Core ETF by 13.7% during the 3rd quarter. Security Financial Services INC. now owns 15,759 shares of the company’s stock worth $648,000 after buying an additional 1,893 shares during the last quarter. TrueWealth Advisors LLC lifted its position in OneAscent Large Cap Core ETF by 13.4% in the second quarter. TrueWealth Advisors LLC now owns 132,384 shares of the company’s stock valued at $5,432,000 after purchasing an additional 15,600 shares during the period. Finally, IFP Advisors Inc lifted its holdings in shares of OneAscent Large Cap Core ETF by 273.5% in the 3rd quarter. IFP Advisors Inc now owns 49,344 shares of the company’s stock valued at $2,030,000 after buying an additional 36,133 shares during the period.

OneAscent Large Cap Core ETF Company Profile

The OneAscent Large Cap Core ETF (OALC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap companies screened and selected for its value-based philosophy and fundamental evaluation. The fund seeks capital appreciation. OALC was launched on Nov 16, 2021 and is managed by Oneascent.