OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Sees Significant Decrease in Short Interest

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 21,988 shares, a drop of 60.2% from the May 31st total of 55,246 shares. Based on an average daily trading volume, of 56,394 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

OneAscent Core Plus Bond ETF Price Performance

Shares of OACP stock traded down $0.06 during trading hours on Monday, reaching $22.78. 38,118 shares of the company’s stock were exchanged, compared to its average volume of 49,285. OneAscent Core Plus Bond ETF has a 1 year low of $22.43 and a 1 year high of $23.77. The stock’s fifty day moving average price is $22.73 and its two-hundred day moving average price is $22.91.

Institutional Trading of OneAscent Core Plus Bond ETF

An institutional investor recently raised its position in OneAscent Core Plus Bond ETF stock. EverSource Wealth Advisors LLC raised its stake in shares of OneAscent Core Plus Bond ETF (NYSEARCA:OACP) by 166.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,459 shares of the company’s stock after purchasing an additional 6,536 shares during the quarter. EverSource Wealth Advisors LLC owned about 0.10% of OneAscent Core Plus Bond ETF worth $238,000 at the end of the most recent reporting period.

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.