OneAscent Small Cap Core ETF (NYSEARCA:OASC) Shares Shorted: Short Interest Down 46.7% in October

OneAscent Small Cap Core ETF (NYSEARCA:OASC) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 10,818 shares, a decline of 46.7% from the September 30th total of 20,293 shares. Based on an average daily volume of 15,610 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. First Heartland Consultants Inc. bought a new position in OneAscent Small Cap Core ETF in the 3rd quarter valued at about $955,000. Plan A Wealth LLC increased its stake in shares of OneAscent Small Cap Core ETF by 14.1% in the second quarter. Plan A Wealth LLC now owns 14,438 shares of the company’s stock valued at $519,000 after buying an additional 1,779 shares during the period. Finally, IFP Advisors Inc raised its position in shares of OneAscent Small Cap Core ETF by 92.0% during the third quarter. IFP Advisors Inc now owns 11,825 shares of the company’s stock worth $401,000 after acquiring an additional 5,666 shares during the last quarter.

OneAscent Small Cap Core ETF Stock Down 2.1%

Shares of NYSEARCA:OASC traded down $0.73 during midday trading on Friday, reaching $34.20. 8,754 shares of the company were exchanged, compared to its average volume of 12,153. The firm has a market cap of $99.86 million, a PE ratio of 17.24 and a beta of 1.01. OneAscent Small Cap Core ETF has a fifty-two week low of $27.30 and a fifty-two week high of $36.05. The stock has a fifty day simple moving average of $34.31 and a two-hundred day simple moving average of $33.03.

About OneAscent Small Cap Core ETF

The OneAscent Small Cap Core ETF (OASC) is an exchange-traded fund that is based on the S&P Small Cap 600 index. The fund is actively managed to invest in 200 small-cap companies in the US. The fund uses a proprietary, value-based screening process. OASC was launched on Jun 13, 2024 and is issued by Oneascent.