OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Sees Large Increase in Short Interest

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 55,337 shares, a growth of 151.7% from the June 15th total of 21,988 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 52,210 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Investors Weigh In On OneAscent Core Plus Bond ETF

A hedge fund recently raised its stake in OneAscent Core Plus Bond ETF stock. EverSource Wealth Advisors LLC lifted its stake in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) by 107.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,923 shares of the company’s stock after purchasing an additional 2,035 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in OneAscent Core Plus Bond ETF were worth $90,000 at the end of the most recent reporting period.

OneAscent Core Plus Bond ETF Trading Down 0.4%

NYSEARCA OACP opened at $22.51 on Tuesday. The stock has a 50 day moving average price of $22.68 and a 200-day moving average price of $22.88. OneAscent Core Plus Bond ETF has a one year low of $22.43 and a one year high of $23.77.

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.