OneAscent International Equity ETF (NYSEARCA:OAIM) Sees Large Drop in Short Interest

by · The Cerbat Gem

OneAscent International Equity ETF (NYSEARCA:OAIM – Get Free Report) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 17,735 shares, a drop of 63.4% from the September 15th total of 48,462 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 20,341 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in OneAscent International Equity ETF stock. Cornerstone Financial Management LLC purchased a new position in OneAscent International Equity ETF (NYSEARCA:OAIM – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 27,596 shares of the company’s stock, valued at approximately $1,142,000. OneAscent International Equity ETF makes up approximately 1.1% of Cornerstone Financial Management LLC’s portfolio, making the stock its 29th largest holding. Cornerstone Financial Management LLC owned 0.43% of OneAscent International Equity ETF at the end of the most recent quarter.

OneAscent International Equity ETF Stock Performance

NYSEARCA:OAIM traded up $0.19 during trading hours on Tuesday, reaching $47.11. The company’s stock had a trading volume of 8,316 shares, compared to its average volume of 27,038. The company has a market capitalization of $387.72 million, a P/E ratio of 16.77 and a beta of 0.75. OneAscent International Equity ETF has a 12 month low of $38.83 and a 12 month high of $50.65. The stock has a 50 day moving average price of $48.04 and a two-hundred day moving average price of $46.87.

OneAscent International Equity ETF Company Profile

(Get Free Report)

The OneAscent International Equity ETF (OAIM) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in an equity portfolio of large- and mid-cap non-US companies. The fund combines an ESG screening methodology with its fundamental investment process OAIM was launched on Sep 15, 2022 and is managed by Oneascent.

See Also