OneAscent Large Cap Core ETF (NYSEARCA:OALC) Short Interest Up 56.5% in February

OneAscent Large Cap Core ETF (NYSEARCA:OALC) saw a significant increase in short interest in February. As of February 27th, there was short interest totaling 23,856 shares, an increase of 56.5% from the February 12th total of 15,240 shares. Based on an average daily trading volume, of 21,956 shares, the short-interest ratio is currently 1.1 days. Approximately 0.4% of the company’s shares are sold short. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 21,956 shares, the short-interest ratio is currently 1.1 days.

OneAscent Large Cap Core ETF Price Performance

OALC traded down $0.03 on Friday, hitting $34.79. The company had a trading volume of 25,650 shares, compared to its average volume of 19,091. The stock has a fifty day simple moving average of $35.95 and a 200-day simple moving average of $35.33. The firm has a market capitalization of $192.39 million, a P/E ratio of 25.77 and a beta of 0.93. OneAscent Large Cap Core ETF has a 52-week low of $25.05 and a 52-week high of $36.82.

OneAscent Large Cap Core ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Monday, January 5th. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.2152 per share. This represents a dividend yield of 60.0%. The ex-dividend date was Tuesday, December 30th.

Hedge Funds Weigh In On OneAscent Large Cap Core ETF

A number of hedge funds have recently bought and sold shares of the company. Kestra Advisory Services LLC increased its stake in OneAscent Large Cap Core ETF by 3.7% during the 4th quarter. Kestra Advisory Services LLC now owns 11,409 shares of the company’s stock valued at $404,000 after purchasing an additional 404 shares in the last quarter. OneAscent Investment Solutions LLC lifted its stake in shares of OneAscent Large Cap Core ETF by 1.8% in the fourth quarter. OneAscent Investment Solutions LLC now owns 22,751 shares of the company’s stock worth $807,000 after buying an additional 407 shares in the last quarter. First Heartland Consultants Inc. grew its holdings in shares of OneAscent Large Cap Core ETF by 0.8% during the fourth quarter. First Heartland Consultants Inc. now owns 65,955 shares of the company’s stock valued at $2,338,000 after buying an additional 549 shares during the last quarter. Patron Partners LLC increased its position in shares of OneAscent Large Cap Core ETF by 2.4% during the third quarter. Patron Partners LLC now owns 118,651 shares of the company’s stock valued at $4,130,000 after acquiring an additional 2,796 shares in the last quarter. Finally, Security Financial Services INC. increased its holdings in shares of OneAscent Large Cap Core ETF by 32.1% in the 4th quarter. Security Financial Services INC. now owns 12,956 shares of the company’s stock worth $459,000 after purchasing an additional 3,146 shares in the last quarter.

OneAscent Large Cap Core ETF Company Profile

The OneAscent Large Cap Core ETF (OALC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap companies screened and selected for its value-based philosophy and fundamental evaluation. The fund seeks capital appreciation. OALC was launched on Nov 16, 2021 and is managed by Oneascent.