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

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

OneAscent Core Plus Bond ETF Trading Down 0.1%

OACP traded down $0.03 during trading hours on Monday, hitting $23.08. The company’s stock had a trading volume of 21,767 shares, compared to its average volume of 31,588. The business’s 50-day moving average price is $23.10 and its 200-day moving average price is $23.02. OneAscent Core Plus Bond ETF has a 12 month low of $22.14 and a 12 month high of $23.77.

OneAscent Core Plus Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, January 5th. Investors of record on Tuesday, December 30th were issued a dividend of $0.1024 per share. This represents a c) annualized dividend and a yield of 5.3%. 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.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in OACP. EverSource Wealth Advisors LLC purchased a new stake in shares of OneAscent Core Plus Bond ETF during the third quarter valued at about $44,000. Winnow Wealth LLC bought a new position in shares of OneAscent Core Plus Bond ETF during the 3rd quarter worth approximately $154,000. Strategic Blueprint LLC bought a new position in shares of OneAscent Core Plus Bond ETF during the 2nd quarter worth approximately $390,000. Finally, Patron Partners LLC lifted its position in OneAscent Core Plus Bond ETF by 0.4% during the second quarter. Patron Partners LLC now owns 129,655 shares of the company’s stock valued at $2,954,000 after acquiring an additional 530 shares during the last quarter.

About OneAscent Core Plus Bond ETF

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.