Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) Sees Significant Decrease in Short Interest

Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 235 shares, a drop of 83.9% from the May 14th total of 1,462 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 45,029 shares, the days-to-cover ratio is presently 0.0 days.

Twin Oak Short Horizon Absolute Return ETF Stock Up 0.0%

TOAK stock traded up $0.01 on Friday, reaching $28.79. 1,202 shares of the company’s stock were exchanged, compared to its average volume of 14,554. The stock has a fifty day moving average of $28.71 and a 200-day moving average of $28.55. Twin Oak Short Horizon Absolute Return ETF has a twelve month low of $27.77 and a twelve month high of $29.36. The firm has a market cap of $79.46 million, a PE ratio of 27.66 and a beta of 0.55.

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.