OneAscent Emerging Markets ETF (NYSEARCA:OAEM) Short Interest Up 119.7% in March
by Renee Jackson · The Cerbat GemOneAscent Emerging Markets ETF (NYSEARCA:OAEM – Get Free Report) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 3,062 shares, a growth of 119.7% from the March 15th total of 1,394 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 5,911 shares, the short-interest ratio is currently 0.5 days.
OneAscent Emerging Markets ETF Trading Up 1.3%
Shares of NYSEARCA OAEM traded up $0.55 during trading on Monday, reaching $44.22. 4,939 shares of the company traded hands, compared to its average volume of 10,288. The firm’s fifty day simple moving average is $42.04 and its 200 day simple moving average is $38.15. The stock has a market cap of $97.28 million, a P/E ratio of 13.87 and a beta of 0.81. OneAscent Emerging Markets ETF has a 12-month low of $28.10 and a 12-month high of $45.97.
Hedge Funds Weigh In On OneAscent Emerging Markets ETF
A hedge fund recently raised its stake in OneAscent Emerging Markets ETF stock. EverSource Wealth Advisors LLC boosted its position in shares of OneAscent Emerging Markets ETF (NYSEARCA:OAEM – Free Report) by 31.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,208 shares of the company’s stock after buying an additional 525 shares during the period. EverSource Wealth Advisors LLC owned 0.10% of OneAscent Emerging Markets ETF worth $81,000 at the end of the most recent quarter.
About OneAscent Emerging Markets ETF
The OneAscent Emerging Markets ETF (OAEM) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in an equity portfolio of large-, mid-, and small-cap emerging market companies. The fund combines an ESG screening methodology with its fundamental investment process. OAEM was launched on Sep 15, 2022 and is managed by Oneascent.