Short Interest in Running Oak Efficient Growth ETF (NASDAQ:RUNN) Increases By 448.6%

Running Oak Efficient Growth ETF (NASDAQ:RUNN) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 18,223 shares, a growth of 448.6% from the July 15th total of 3,322 shares. Based on an average daily volume of 175,536 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Cahill Financial Advisors Inc. increased its position in shares of Running Oak Efficient Growth ETF by 5.0% during the fourth quarter. Cahill Financial Advisors Inc. now owns 127,940 shares of the company’s stock worth $4,266,000 after acquiring an additional 6,085 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Running Oak Efficient Growth ETF by 228.3% during the second quarter. NewEdge Advisors LLC now owns 45,758 shares of the company’s stock worth $1,548,000 after acquiring an additional 31,820 shares during the period. Finally, Osbon Capital Management LLC bought a new stake in Running Oak Efficient Growth ETF in the 4th quarter valued at $803,000.

Running Oak Efficient Growth ETF Stock Down 0.6%

Shares of RUNN traded down $0.23 on Wednesday, hitting $35.24. The company’s stock had a trading volume of 16,549 shares, compared to its average volume of 60,779. The firm’s fifty day moving average price is $33.13 and its 200-day moving average price is $33.24. Running Oak Efficient Growth ETF has a fifty-two week low of $31.45 and a fifty-two week high of $35.73. The firm has a market capitalization of $409.84 million, a price-to-earnings ratio of 25.29 and a beta of 0.70.

About Running Oak Efficient Growth ETF

The Running Oak Efficient Growth ETF (RUNN) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in large- and mid-cap US stocks through a value and growth approach with a focus on downside volatility management. RUNN was launched on Jun 7, 2023 and is managed by ROC.