OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Short Interest Up 62.2% in December

OneAscent Emerging Markets ETF (NYSEARCA:OAEM) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 7,958 shares, a growth of 62.2% from the December 15th total of 4,907 shares. Based on an average trading volume of 5,900 shares, the short-interest ratio is presently 1.3 days. Approximately 0.5% of the shares of the stock are short sold. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 5,900 shares, the short-interest ratio is presently 1.3 days.

Institutional Investors Weigh In On OneAscent Emerging Markets ETF

Several hedge funds and other institutional investors have recently made changes to their positions in OAEM. EverSource Wealth Advisors LLC lifted its stake in OneAscent Emerging Markets ETF by 104.7% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,683 shares of the company’s stock valued at $58,000 after purchasing an additional 861 shares during the last quarter. Creative Financial Designs Inc. ADV increased its holdings in shares of OneAscent Emerging Markets ETF by 50.7% during the third quarter. Creative Financial Designs Inc. ADV now owns 9,252 shares of the company’s stock worth $318,000 after buying an additional 3,112 shares in the last quarter. Finally, Patron Partners LLC lifted its stake in shares of OneAscent Emerging Markets ETF by 3.9% in the 2nd quarter. Patron Partners LLC now owns 30,862 shares of the company’s stock valued at $999,000 after acquiring an additional 1,149 shares during the last quarter.

OneAscent Emerging Markets ETF Stock Performance

Shares of NYSEARCA:OAEM opened at $39.05 on Friday. OneAscent Emerging Markets ETF has a 52 week low of $25.86 and a 52 week high of $39.29. The company has a market capitalization of $85.91 million, a PE ratio of 13.87 and a beta of 0.79. The company’s fifty day moving average is $35.88 and its 200-day moving average is $34.42.

OneAscent Emerging Markets ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Monday, January 5th. Stockholders of record on Tuesday, December 30th were issued a $0.2828 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 77.0%.

About OneAscent Emerging Markets ETF

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.