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

Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 935 shares, a decrease of 60.5% from the July 15th total of 2,368 shares. Based on an average daily trading volume, of 30,176 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE purchased a new position in Sovereigns Capital Flourish Fund during the 3rd quarter valued at about $25,000. Operose Advisors LLC boosted its stake in shares of Sovereigns Capital Flourish Fund by 30.6% during the fourth quarter. Operose Advisors LLC now owns 2,016 shares of the company’s stock valued at $59,000 after purchasing an additional 472 shares in the last quarter. Aptus Capital Advisors LLC bought a new position in shares of Sovereigns Capital Flourish Fund during the third quarter valued at approximately $60,000. AIFG Consultants Ltd. bought a new position in shares of Sovereigns Capital Flourish Fund during the fourth quarter valued at approximately $222,000. Finally, Envestnet Asset Management Inc. purchased a new position in Sovereigns Capital Flourish Fund during the third quarter valued at approximately $240,000.

Sovereigns Capital Flourish Fund Stock Down 0.2%

NYSEARCA SOVF traded down $0.07 during trading hours on Friday, hitting $32.44. The company had a trading volume of 1,926 shares, compared to its average volume of 11,887. The business has a fifty day simple moving average of $30.13 and a 200-day simple moving average of $28.93. The firm has a market cap of $92.13 million, a P/E ratio of 21.31 and a beta of 0.94. Sovereigns Capital Flourish Fund has a fifty-two week low of $26.51 and a fifty-two week high of $32.51.

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.