Running Oak Efficient Growth ETF (NASDAQ:RUNN) Sees Significant Increase in Short Interest

Running Oak Efficient Growth ETF (NASDAQ:RUNN) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 114,361 shares, an increase of 156.7% from the August 15th total of 44,557 shares. Based on an average trading volume of 62,050 shares, the short-interest ratio is presently 1.8 days. Currently, 1.0% of the shares of the company are short sold.

Running Oak Efficient Growth ETF Stock Up 1.2%

NASDAQ:RUNN traded up $0.40 during trading hours on Monday, hitting $33.93. 31,290 shares of the stock traded hands, compared to its average volume of 59,031. The company has a market cap of $394.61 million, a price-to-earnings ratio of 25.29 and a beta of 0.71. Running Oak Efficient Growth ETF has a 1 year low of $31.45 and a 1 year high of $35.73. The stock has a 50 day moving average price of $34.24 and a 200 day moving average price of $33.30.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Running Oak Efficient Growth ETF stock. Cahill Financial Advisors Inc. increased its position in Running Oak Efficient Growth ETF (NASDAQ:RUNN) by 3.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 138,718 shares of the company’s stock after buying an additional 4,982 shares during the period. Cahill Financial Advisors Inc. owned about 1.19% of Running Oak Efficient Growth ETF worth $4,494,000 at the end of the most recent quarter.

Running Oak Efficient Growth ETF Company Profile

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.