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

Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) was the target of a significant growth in short interest during the month of 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 shares are sold short. Based on an average daily volume of 6,231 shares, the short-interest ratio is currently 0.3 days.

Twin Oak Short Horizon Absolute Return ETF Stock Performance

TOAK opened at $28.83 on Friday. Twin Oak Short Horizon Absolute Return ETF has a 12 month low of $27.81 and a 12 month high of $29.36. The business’s 50-day moving average price is $28.75 and its 200-day moving average price is $28.58. The company has a market cap 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.