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

Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 2,892 shares, a drop of 38.0% from the August 15th total of 4,668 shares. Based on an average daily trading volume, of 33,537 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Twin Oak Short Horizon Absolute Return ETF Stock Performance

TOAK stock traded down $0.02 during midday trading on Thursday, reaching $29.04. 132 shares of the company traded hands, compared to its average volume of 13,641. The firm has a market capitalization of $116.13 million, a price-to-earnings ratio of 27.66 and a beta of 0.07. The business has a 50 day moving average of $28.98 and a 200-day moving average of $28.80. Twin Oak Short Horizon Absolute Return ETF has a 52-week low of $28.05 and a 52-week high of $29.36.

Twin Oak Short Horizon Absolute Return ETF Company Profile

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.