Short Interest in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Rises By 465.5%

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) was the target of a large increase in short interest in the month of August. As of August 15th, there was short interest totaling 16,400 shares, anincreaseof465.5% from the July 31st total of 2,900 shares. Based on an average daily volume of 39,200 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 39,200 shares, the days-to-cover ratio is presently 0.4 days.

OneAscent Core Plus Bond ETF Price Performance

NYSEARCA OACP opened at $22.79 on Wednesday. The company has a fifty day simple moving average of $22.78 and a 200 day simple moving average of $22.68. OneAscent Core Plus Bond ETF has a 12-month low of $22.14 and a 12-month high of $23.65.

OneAscent Core Plus Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Thursday, August 28th were paid a dividend of $0.089 per share. This is a boost from OneAscent Core Plus Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Thursday, August 28th. This represents a c) annualized dividend and a yield of 4.7%.

Hedge Funds Weigh In On OneAscent Core Plus Bond ETF

Several large investors have recently bought and sold shares of OACP. Strategic Blueprint LLC bought a new position in OneAscent Core Plus Bond ETF during the 2nd quarter valued at $390,000. Flow Traders U.S. LLC lifted its stake in OneAscent Core Plus Bond ETF by 6.6% during the 1st quarter. Flow Traders U.S. LLC now owns 40,218 shares of the company’s stock valued at $916,000 after acquiring an additional 2,474 shares in the last quarter. Finally, Patron Partners LLC lifted its stake in OneAscent Core Plus Bond ETF by 13.6% during the 1st quarter. Patron Partners LLC now owns 129,125 shares of the company’s stock valued at $2,941,000 after acquiring an additional 15,498 shares in the last quarter.

OneAscent Core Plus Bond ETF Company Profile

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.