OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Sees Large Drop in Short Interest

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totaling 18,358 shares, a drop of 81.6% from the April 30th total of 99,727 shares. Based on an average trading volume of 41,798 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On OneAscent Core Plus Bond ETF

An institutional investor recently bought a new position in OneAscent Core Plus Bond ETF stock. EverSource Wealth Advisors LLC purchased a new stake in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,888 shares of the company’s stock, valued at approximately $44,000.

OneAscent Core Plus Bond ETF Price Performance

OneAscent Core Plus Bond ETF stock opened at $22.72 on Thursday. OneAscent Core Plus Bond ETF has a fifty-two week low of $22.34 and a fifty-two week high of $23.77. The stock has a 50-day simple moving average of $22.76 and a 200-day simple moving average of $22.98.

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.