Short Interest in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Grows By 200.9%

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 55,246 shares, a growth of 200.9% from the May 14th total of 18,358 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 45,097 shares, the days-to-cover ratio is currently 1.2 days.

OneAscent Core Plus Bond ETF Price Performance

Shares of OACP opened at $22.73 on Friday. The firm has a 50-day moving average of $22.74 and a 200-day moving average of $22.94. OneAscent Core Plus Bond ETF has a one year low of $22.43 and a one year high of $23.77.

Hedge Funds Weigh In On OneAscent Core Plus Bond ETF

A hedge fund recently raised its stake in OneAscent Core Plus Bond ETF stock. EverSource Wealth Advisors LLC grew its position in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) by 166.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,459 shares of the company’s stock after purchasing an additional 6,536 shares during the quarter. EverSource Wealth Advisors LLC owned about 0.10% of OneAscent Core Plus Bond ETF worth $238,000 as of its most recent SEC filing.

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.