OneAscent Large Cap Core ETF (NYSEARCA:OALC) Sees Significant Drop in Short Interest

OneAscent Large Cap Core ETF (NYSEARCA:OALC) was the recipient of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 17,320 shares, a decrease of 27.4% from the February 26th total of 23,856 shares. Based on an average trading volume of 16,872 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Trading of OneAscent Large Cap Core ETF

Several institutional investors and hedge funds have recently bought and sold shares of OALC. Jane Street Group LLC boosted its position in OneAscent Large Cap Core ETF by 97.5% during the second quarter. Jane Street Group LLC now owns 14,467 shares of the company’s stock valued at $469,000 after purchasing an additional 7,143 shares during the last quarter. Security Financial Services INC. acquired a new position in shares of OneAscent Large Cap Core ETF during the 3rd quarter worth approximately $341,000. TrueWealth Advisors LLC raised its stake in shares of OneAscent Large Cap Core ETF by 12.7% during the 3rd quarter. TrueWealth Advisors LLC now owns 99,936 shares of the company’s stock worth $3,479,000 after purchasing an additional 11,245 shares in the last quarter. Values First Advisors Inc. bought a new stake in shares of OneAscent Large Cap Core ETF during the 3rd quarter worth approximately $139,000. Finally, OneAscent Family Office LLC boosted its holdings in shares of OneAscent Large Cap Core ETF by 8.8% in the 3rd quarter. OneAscent Family Office LLC now owns 130,736 shares of the company’s stock valued at $4,551,000 after buying an additional 10,523 shares during the last quarter.

OneAscent Large Cap Core ETF Trading Down 1.7%

Shares of OALC stock opened at $33.64 on Friday. OneAscent Large Cap Core ETF has a 1 year low of $25.05 and a 1 year high of $36.82. The firm’s 50 day moving average is $35.64 and its 200-day moving average is $35.39. The firm has a market capitalization of $186.03 million, a price-to-earnings ratio of 25.77 and a beta of 0.93.

OneAscent Large Cap Core ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Monday, January 5th. Stockholders of record on Tuesday, December 30th were issued a $0.2152 dividend. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 60.0%.

About OneAscent Large Cap Core ETF

The OneAscent Large Cap Core ETF (OALC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap companies screened and selected for its value-based philosophy and fundamental evaluation. The fund seeks capital appreciation. OALC was launched on Nov 16, 2021 and is managed by Oneascent.