Short Interest in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Declines By 43.9%

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 15,585 shares, a drop of 43.9% from the July 15th total of 27,792 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 64,155 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On OneAscent Core Plus Bond ETF

A hedge fund recently raised its position in OneAscent Core Plus Bond ETF stock. EverSource Wealth Advisors LLC lifted its position in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) by 107.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund 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 Price Performance

Shares of OneAscent Core Plus Bond ETF stock traded down $0.05 during midday trading on Monday, hitting $22.37. 8,343 shares of the company were exchanged, compared to its average volume of 48,837. OneAscent Core Plus Bond ETF has a 52 week low of $22.30 and a 52 week high of $23.77. The firm has a 50 day simple moving average of $22.59 and a 200-day simple moving average of $22.78.

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.