Short Interest in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Declines By 49.8%

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 27,792 shares, a decline of 49.8% from the June 30th total of 55,337 shares. Based on an average daily volume of 35,738 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.2% of the company’s stock are short sold.

OneAscent Core Plus Bond ETF Price Performance

Shares of OACP traded down $0.06 during mid-day trading on Wednesday, reaching $22.47. The company’s stock had a trading volume of 35,061 shares, compared to its average volume of 50,169. The business has a fifty day moving average of $22.64 and a 200 day moving average of $22.83. OneAscent Core Plus Bond ETF has a 1 year low of $22.41 and a 1 year high of $23.77.

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 stake in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) by 107.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.