Oakmark U.S. Large Cap ETF (NYSEARCA:OAKM) Short Interest Up 451.1% in May

Oakmark U.S. Large Cap ETF (NYSEARCA:OAKM) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 133,973 shares, an increase of 451.1% from the May 14th total of 24,310 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 184,957 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of Oakmark U.S. Large Cap ETF

A number of hedge funds and other institutional investors have recently modified their holdings of OAKM. Flagship Harbor Advisors LLC bought a new position in shares of Oakmark U.S. Large Cap ETF during the fourth quarter worth $57,000. Hunter Associates Investment Management LLC purchased a new stake in Oakmark U.S. Large Cap ETF during the first quarter valued at $241,000. Millstone Evans Group LLC purchased a new stake in Oakmark U.S. Large Cap ETF during the fourth quarter valued at $243,000. Janney Montgomery Scott LLC purchased a new stake in Oakmark U.S. Large Cap ETF during the fourth quarter valued at $291,000. Finally, Nations Financial Group Inc. IA ADV purchased a new stake in Oakmark U.S. Large Cap ETF during the first quarter valued at $421,000.

Oakmark U.S. Large Cap ETF Stock Performance

Shares of NYSEARCA OAKM traded down $0.27 during midday trading on Wednesday, reaching $27.97. The stock had a trading volume of 231,586 shares, compared to its average volume of 293,044. The stock has a 50-day moving average of $28.01 and a 200-day moving average of $28.07. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of 16.37 and a beta of 0.42. Oakmark U.S. Large Cap ETF has a 12-month low of $24.72 and a 12-month high of $29.22.

About Oakmark U.S. Large Cap ETF

The Oakmark U.S. Large Cap ETF (OAKM) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, high-conviction fund holding fewer than 40 US large-cap value stocks. The investment process utilizes bottom-up research, seeking competitive long-term performance return. OAKM was launched on Dec 3, 2024 and is issued by Oakmark.