OneAscent Large Cap Core ETF (NYSEARCA:OALC) Short Interest Up 71.9% in January

OneAscent Large Cap Core ETF (NYSEARCA:OALC) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 22,883 shares, an increase of 71.9% from the December 31st total of 13,315 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 13,066 shares, the short-interest ratio is presently 1.8 days. Based on an average daily trading volume, of 13,066 shares, the short-interest ratio is presently 1.8 days. Currently, 0.4% of the company’s shares are sold short.

OneAscent Large Cap Core ETF Stock Performance

Shares of OneAscent Large Cap Core ETF stock opened at $36.14 on Monday. OneAscent Large Cap Core ETF has a 52 week low of $25.05 and a 52 week high of $36.82. The firm has a fifty day moving average of $35.79 and a two-hundred day moving average of $34.82. The stock has a market capitalization of $201.30 million, a price-to-earnings ratio of 25.77 and a beta of 0.93.

OneAscent Large Cap Core ETF Dividend Announcement

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

Hedge Funds Weigh In On OneAscent Large Cap Core ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Envestnet Asset Management Inc. bought a new stake in shares of OneAscent Large Cap Core ETF during the second quarter worth $417,000. OneAscent Wealth Management LLC grew its holdings in shares of OneAscent Large Cap Core ETF by 9.1% during the third quarter. OneAscent Wealth Management LLC now owns 1,069,282 shares of the company’s stock worth $37,220,000 after buying an additional 88,981 shares in the last quarter. IFP Advisors Inc raised its position in OneAscent Large Cap Core ETF by 248.2% in the 2nd quarter. IFP Advisors Inc now owns 14,086 shares of the company’s stock valued at $457,000 after buying an additional 10,041 shares during the last quarter. Atria Investments Inc lifted its stake in OneAscent Large Cap Core ETF by 10.9% in the 2nd quarter. Atria Investments Inc now owns 925,763 shares of the company’s stock valued at $30,041,000 after acquiring an additional 91,316 shares in the last quarter. Finally, RFG Advisory LLC lifted its stake in OneAscent Large Cap Core ETF by 4.1% in the 2nd quarter. RFG Advisory LLC now owns 72,517 shares of the company’s stock valued at $2,353,000 after acquiring an additional 2,884 shares in the last quarter.

OneAscent Large Cap Core ETF Company Profile

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.