Short Interest in OneAscent International Equity ETF (NYSEARCA:OAIM) Rises By 70.2%

OneAscent International Equity ETF (NYSEARCA:OAIM) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 30,727 shares, an increase of 70.2% from the May 31st total of 18,053 shares. Based on an average trading volume of 17,512 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.4% of the company’s stock are short sold.

Institutional Investors Weigh In On OneAscent International Equity ETF

Institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its holdings in OneAscent International Equity ETF by 178,333.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,353 shares of the company’s stock worth $215,000 after acquiring an additional 5,350 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in OneAscent International Equity ETF in the 3rd quarter valued at about $330,000. EverSource Wealth Advisors LLC lifted its position in shares of OneAscent International Equity ETF by 1,326.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 15,194 shares of the company’s stock worth $629,000 after buying an additional 14,129 shares in the last quarter. Finally, Cornerstone Financial Management LLC bought a new position in shares of OneAscent International Equity ETF during the 4th quarter worth approximately $1,142,000.

OneAscent International Equity ETF Stock Performance

Shares of OAIM opened at $46.66 on Friday. The stock has a 50 day moving average price of $46.84 and a two-hundred day moving average price of $44.77. The firm has a market capitalization of $363.01 million, a P/E ratio of 16.77 and a beta of 0.73. OneAscent International Equity ETF has a 52 week low of $37.63 and a 52 week high of $50.14.

OneAscent International Equity ETF Company Profile

The OneAscent International Equity ETF (OAIM) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in an equity portfolio of large- and mid-cap non-US companies. The fund combines an ESG screening methodology with its fundamental investment process OAIM was launched on Sep 15, 2022 and is managed by Oneascent.