Short Interest in OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Rises By 1,058.7%

OneAscent Emerging Markets ETF (NYSEARCA:OAEMGet Free Report) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 5,017 shares, an increase of 1,058.7% from the May 31st total of 433 shares. Based on an average daily trading volume, of 13,270 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

OneAscent Emerging Markets ETF Stock Performance

NYSEARCA OAEM traded down $0.39 during trading on Friday, hitting $49.21. The stock had a trading volume of 7,286 shares, compared to its average volume of 20,859. OneAscent Emerging Markets ETF has a 12 month low of $32.12 and a 12 month high of $51.84. The company’s 50-day moving average price is $47.77 and its two-hundred day moving average price is $42.85. The company has a market capitalization of $109.25 million, a PE ratio of 13.87 and a beta of 0.89.

Institutional Inflows and Outflows

A hedge fund recently raised its position in OneAscent Emerging Markets ETF stock. EverSource Wealth Advisors LLC boosted its holdings in OneAscent Emerging Markets ETF (NYSEARCA:OAEMFree Report) by 104.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,683 shares of the company’s stock after purchasing an additional 861 shares during the period. EverSource Wealth Advisors LLC owned about 0.09% of OneAscent Emerging Markets ETF worth $58,000 as of its most recent filing with the Securities and Exchange Commission.

About OneAscent Emerging Markets ETF

(Get Free Report)

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

Featured Articles

Receive News & Ratings for OneAscent Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OneAscent Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.