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

Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 3,591 shares, a decrease of 43.1% from the December 31st total of 6,308 shares. Based on an average daily volume of 10,184 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 10,184 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Sovereigns Capital Flourish Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in SOVF. EverSource Wealth Advisors LLC lifted its stake in Sovereigns Capital Flourish Fund by 8.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 851,892 shares of the company’s stock valued at $25,693,000 after buying an additional 64,460 shares in the last quarter. Cornerstone Management Inc. grew its holdings in shares of Sovereigns Capital Flourish Fund by 1.1% during the third quarter. Cornerstone Management Inc. now owns 544,711 shares of the company’s stock worth $16,496,000 after buying an additional 6,098 shares in the last quarter. Vident Advisory LLC raised its position in shares of Sovereigns Capital Flourish Fund by 0.8% in the third quarter. Vident Advisory LLC now owns 416,936 shares of the company’s stock valued at $12,626,000 after buying an additional 3,352 shares during the last quarter. CreativeOne Wealth LLC lifted its stake in shares of Sovereigns Capital Flourish Fund by 0.7% in the third quarter. CreativeOne Wealth LLC now owns 231,534 shares of the company’s stock worth $7,012,000 after buying an additional 1,670 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Sovereigns Capital Flourish Fund during the fourth quarter worth about $3,464,000.

Sovereigns Capital Flourish Fund Stock Up 0.1%

Shares of NYSEARCA:SOVF traded up $0.04 during trading on Friday, hitting $29.90. 3,350 shares of the stock traded hands, compared to its average volume of 9,601. The company has a fifty day moving average price of $29.44 and a two-hundred day moving average price of $29.74. Sovereigns Capital Flourish Fund has a 52-week low of $25.70 and a 52-week high of $33.04. The company has a market cap of $102.54 million, a price-to-earnings ratio of 21.31 and a beta of 1.11.

Sovereigns Capital Flourish Fund Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a $0.2256 dividend. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 77.0%.

Sovereigns Capital Flourish Fund Company Profile

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.