Short Interest in OneAscent Large Cap Core ETF (NYSEARCA:OALC) Rises By 148.0%

by · The Cerbat Gem

OneAscent Large Cap Core ETF (NYSEARCA:OALC – Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 25,280 shares, an increase of 148.0% from the April 30th total of 10,195 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 21,471 shares, the days-to-cover ratio is presently 1.2 days.

Hedge Funds Weigh In On OneAscent Large Cap Core ETF

A number of hedge funds have recently modified their holdings of OALC. Jane Street Group LLC increased its stake in shares of OneAscent Large Cap Core ETF by 97.5% in the second quarter. Jane Street Group LLC now owns 14,467 shares of the company’s stock worth $469,000 after acquiring an additional 7,143 shares during the last quarter. OneAscent Investment Solutions LLC lifted its holdings in shares of OneAscent Large Cap Core ETF by 2.9% during the 3rd quarter. OneAscent Investment Solutions LLC now owns 22,344 shares of the company’s stock valued at $778,000 after buying an additional 631 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of OneAscent Large Cap Core ETF by 330.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 22,077 shares of the company’s stock valued at $763,000 after buying an additional 16,952 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of OneAscent Large Cap Core ETF by 249.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 44,887 shares of the company’s stock valued at $1,562,000 after buying an additional 32,033 shares during the last quarter. Finally, Plan A Wealth LLC acquired a new stake in shares of OneAscent Large Cap Core ETF during the 3rd quarter valued at about $282,000.

OneAscent Large Cap Core ETF Stock Performance

Shares of OALC stock traded up $0.28 during trading on Monday, hitting $41.04. 12,747 shares of the company were exchanged, compared to its average volume of 20,568. The firm has a market capitalization of $233.93 million, a price-to-earnings ratio of 25.77 and a beta of 0.95. The business’s 50-day simple moving average is $37.61 and its 200 day simple moving average is $36.35. OneAscent Large Cap Core ETF has a twelve month low of $30.51 and a twelve month high of $41.06.

OneAscent Large Cap Core ETF Company Profile

(Get Free Report)

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.

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