Short Interest in OneAscent Large Cap Core ETF (NYSEARCA:OALC) Declines By 45.2%

OneAscent Large Cap Core ETF (NYSEARCA:OALC) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 25,403 shares, a decline of 45.2% from the May 31st total of 46,333 shares. Based on an average trading volume of 12,822 shares, the short-interest ratio is presently 2.0 days. Approximately 0.4% of the company’s shares are short sold.

OneAscent Large Cap Core ETF Trading Down 0.8%

NYSEARCA:OALC traded down $0.31 on Thursday, hitting $40.33. 16,226 shares of the stock were exchanged, compared to its average volume of 20,537. The stock has a fifty day moving average of $39.87 and a 200-day moving average of $37.20. The stock has a market cap of $243.19 million, a PE ratio of 25.77 and a beta of 0.95. OneAscent Large Cap Core ETF has a fifty-two week low of $32.39 and a fifty-two week high of $41.27.

Institutional Trading of OneAscent Large Cap Core ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. SHP Wealth Management acquired a new position in OneAscent Large Cap Core ETF during the fourth quarter valued at approximately $158,000. Equitable Holdings Inc. acquired a new stake in shares of OneAscent Large Cap Core ETF in the third quarter worth $247,000. Values First Advisors Inc. increased its position in shares of OneAscent Large Cap Core ETF by 88.2% in the fourth quarter. Values First Advisors Inc. now owns 7,523 shares of the company’s stock worth $267,000 after acquiring an additional 3,525 shares in the last quarter. Kestra Advisory Services LLC raised its stake in shares of OneAscent Large Cap Core ETF by 3.7% in the 4th quarter. Kestra Advisory Services LLC now owns 11,409 shares of the company’s stock valued at $404,000 after acquiring an additional 404 shares during the period. Finally, Security Financial Services INC. raised its stake 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 valued at $459,000 after acquiring an additional 3,146 shares during the period.

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.