Short Interest in Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) Grows By 779.6%

Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 2,067 shares, a growth of 779.6% from the May 31st total of 235 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 6,231 shares, the short-interest ratio is presently 0.3 days.

Twin Oak Short Horizon Absolute Return ETF Stock Performance

Shares of Twin Oak Short Horizon Absolute Return ETF stock remained flat at $28.83 during midday trading on Friday. 109 shares of the stock were exchanged, compared to its average volume of 13,750. Twin Oak Short Horizon Absolute Return ETF has a fifty-two week low of $27.81 and a fifty-two week high of $29.36. The firm has a 50 day moving average of $28.75 and a 200 day moving average of $28.58. The stock has a market capitalization of $79.57 million, a P/E ratio of 27.66 and a beta of 0.49.

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.