Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) Short Interest Update

Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 4,668 shares, a growth of 82.7% from the July 30th total of 2,555 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 4,718 shares, the short-interest ratio is currently 1.0 days.

Twin Oak Short Horizon Absolute Return ETF Price Performance

Shares of NYSEARCA:TOAK traded up $0.01 during midday trading on Friday, reaching $29.01. The company’s stock had a trading volume of 3,588 shares, compared to its average volume of 14,178. Twin Oak Short Horizon Absolute Return ETF has a fifty-two week low of $27.99 and a fifty-two week high of $29.36. The company has a market capitalization of $91.09 million, a P/E ratio of 27.66 and a beta of 0.26. The business’s fifty day simple moving average is $28.93 and its 200-day simple moving average is $28.75.

About Twin Oak Short Horizon Absolute Return ETF

The Twin Oak Short Horizon Absolute Return ETF (TOAK) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is actively managed, aiming to provide capital appreciation with stable returns. The fund uses a mix of long puts, long calls, and debit spread options with less than 1 year to expiration to pursue its investment strategy. TOAK was launched on Aug 19, 2024 and is issued by Twin Oak.