Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) Short Interest Update

Sovereigns Capital Flourish Fund (NYSEARCA:SOVF) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 6,308 shares, an increase of 384.5% from the December 15th total of 1,302 shares. Based on an average daily trading volume, of 27,928 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 27,928 shares, the short-interest ratio is presently 0.2 days.

Sovereigns Capital Flourish Fund Trading Up 0.5%

NYSEARCA:SOVF opened at $30.31 on Thursday. The stock has a 50 day moving average of $28.89 and a two-hundred day moving average of $29.74. Sovereigns Capital Flourish Fund has a 12 month low of $25.70 and a 12 month high of $33.04. The firm has a market cap of $104.27 million, a P/E ratio of 21.31 and a beta of 1.11.

Sovereigns Capital Flourish Fund Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were paid a $0.2256 dividend. This represents a yield of 77.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Investors Weigh In On Sovereigns Capital Flourish Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in SOVF. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Sovereigns Capital Flourish Fund in the fourth quarter valued at about $3,464,000. Bare Financial Services Inc boosted its position in Sovereigns Capital Flourish Fund by 10,731.5% during the third quarter. Bare Financial Services Inc now owns 107,124 shares of the company’s stock worth $3,244,000 after acquiring an additional 106,135 shares during the last quarter. OneAscent Wealth Management LLC purchased a new stake in Sovereigns Capital Flourish Fund during the 2nd quarter valued at about $2,087,000. EverSource Wealth Advisors LLC raised its holdings in Sovereigns Capital Flourish Fund by 8.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 851,892 shares of the company’s stock valued at $25,693,000 after acquiring an additional 64,460 shares during the last quarter. Finally, Atria Investments Inc raised its holdings in Sovereigns Capital Flourish Fund by 416.2% in the 2nd quarter. Atria Investments Inc now owns 53,709 shares of the company’s stock valued at $1,620,000 after acquiring an additional 43,304 shares during the last quarter.

About Sovereigns Capital Flourish Fund

The Sovereign’s Capital Flourish Fund (SOVF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in 80 to 100 US companies whose leaders seek to build corporate cultures based on biblical values. SOVF was launched on Oct 3, 2023 and is issued by Sovereign’s.