OneAscent Large Cap Core ETF (NYSEARCA:OALC) Short Interest Update

OneAscent Large Cap Core ETF (NYSEARCA:OALC) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 25,280 shares, an increase of 148.0% from the April 30th total of 10,195 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 21,471 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of OALC. SHP Wealth Management acquired a new stake in shares of OneAscent Large Cap Core ETF in the fourth quarter worth $158,000. Equitable Holdings Inc. acquired a new position in shares of OneAscent Large Cap Core ETF during the 3rd quarter valued at $247,000. Values First Advisors Inc. lifted its holdings in shares of OneAscent Large Cap Core ETF by 88.2% during the 4th quarter. Values First Advisors Inc. now owns 7,523 shares of the company’s stock valued at $267,000 after acquiring an additional 3,525 shares in the last quarter. Plan A Wealth LLC purchased a new stake in OneAscent Large Cap Core ETF during the 3rd quarter worth $282,000. Finally, Kestra Advisory Services LLC boosted its position 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 worth $404,000 after purchasing an additional 404 shares during the period.

OneAscent Large Cap Core ETF Price Performance

NYSEARCA OALC opened at $40.76 on Friday. OneAscent Large Cap Core ETF has a 1-year low of $30.27 and a 1-year high of $40.91. The firm has a market capitalization of $232.33 million, a P/E ratio of 25.77 and a beta of 0.95. The business’s 50-day simple moving average is $37.48 and its 200-day simple moving average is $36.30.

About OneAscent Large Cap Core ETF

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.