OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Short Interest Up 104.2% in January

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 31,019 shares, a growth of 104.2% from the December 31st total of 15,192 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 32,617 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 32,617 shares, the short-interest ratio is currently 1.0 days. Currently, 0.3% of the shares of the company are sold short.

OneAscent Core Plus Bond ETF Stock Performance

Shares of NYSEARCA:OACP opened at $23.01 on Friday. The firm’s 50 day moving average is $23.09 and its two-hundred day moving average is $23.04. OneAscent Core Plus Bond ETF has a 52 week low of $22.14 and a 52 week high of $23.77.

OneAscent Core Plus Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, February 3rd. Investors of record on Thursday, January 29th will be given a $0.075 dividend. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date is Thursday, January 29th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC acquired a new position in shares of OneAscent Core Plus Bond ETF during the third quarter valued at $44,000. Winnow Wealth LLC bought a new position in OneAscent Core Plus Bond ETF in the 3rd quarter valued at about $154,000. Finally, Strategic Blueprint LLC acquired a new position in OneAscent Core Plus Bond ETF during the 2nd quarter valued at about $390,000.

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.