Short Interest in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Declines By 25.5%

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 15,192 shares, a drop of 25.5% from the December 15th total of 20,382 shares. Based on an average trading volume of 24,968 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 24,968 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On OneAscent Core Plus Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC bought a new position in OneAscent Core Plus Bond ETF during the 3rd quarter worth approximately $44,000. Winnow Wealth LLC purchased a new position in shares of OneAscent Core Plus Bond ETF in the third quarter worth $154,000. Strategic Blueprint LLC bought a new stake in OneAscent Core Plus Bond ETF during the 2nd quarter valued at $390,000. Finally, Patron Partners LLC boosted its position in OneAscent Core Plus Bond ETF by 0.4% during the 2nd quarter. Patron Partners LLC now owns 129,655 shares of the company’s stock valued at $2,954,000 after buying an additional 530 shares during the period.

OneAscent Core Plus Bond ETF Stock Performance

Shares of OneAscent Core Plus Bond ETF stock traded down $0.03 on Friday, hitting $23.08. The company had a trading volume of 21,767 shares, compared to its average volume of 31,588. OneAscent Core Plus Bond ETF has a 1 year low of $22.14 and a 1 year high of $23.77. The stock has a 50 day moving average of $23.10 and a 200-day moving average of $23.01.

OneAscent Core Plus Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Tuesday, December 30th were given a dividend of $0.1024 per share. The ex-dividend date was Tuesday, December 30th. This is a positive change from OneAscent Core Plus Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 5.3%.

OneAscent Core Plus Bond ETF Company Profile

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.