Oakmark U.S. Large Cap ETF (NYSEARCA:OAKM) Sees Significant Decrease in Short Interest

Oakmark U.S. Large Cap ETF (NYSEARCA:OAKM) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 24,310 shares, a decrease of 69.1% from the April 30th total of 78,573 shares. Based on an average daily volume of 323,632 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Oakmark U.S. Large Cap ETF Stock Performance

OAKM stock traded up $0.02 on Friday, hitting $28.11. 146,978 shares of the company’s stock were exchanged, compared to its average volume of 297,278. The firm has a 50 day moving average price of $27.88 and a two-hundred day moving average price of $27.98. Oakmark U.S. Large Cap ETF has a 12-month low of $24.18 and a 12-month high of $29.22. The stock has a market cap of $1.10 billion, a P/E ratio of 16.37 and a beta of 0.48.

Hedge Funds Weigh In On Oakmark U.S. Large Cap ETF

Several hedge funds have recently modified their holdings of the stock. Western Pacific Wealth Management LP raised its holdings in shares of Oakmark U.S. Large Cap ETF by 1.2% in the fourth quarter. Western Pacific Wealth Management LP now owns 154,243 shares of the company’s stock worth $4,374,000 after buying an additional 1,765 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new position in Oakmark U.S. Large Cap ETF in the 4th quarter worth $57,000. Birchwood Financial Partners Inc. grew its stake in Oakmark U.S. Large Cap ETF by 20.9% during the 1st quarter. Birchwood Financial Partners Inc. now owns 18,659 shares of the company’s stock valued at $514,000 after purchasing an additional 3,226 shares during the last quarter. Abound Financial LLC raised its stake in shares of Oakmark U.S. Large Cap ETF by 0.4% in the first quarter. Abound Financial LLC now owns 931,034 shares of the company’s stock worth $25,664,000 after purchasing an additional 3,435 shares during the last quarter. Finally, Millstone Evans Group LLC purchased a new stake in shares of Oakmark U.S. Large Cap ETF in the 4th quarter valued at $243,000.

Oakmark U.S. Large Cap ETF Company Profile

The Oakmark U.S. Large Cap ETF (OAKM) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, high-conviction fund holding fewer than 40 US large-cap value stocks. The investment process utilizes bottom-up research, seeking competitive long-term performance return. OAKM was launched on Dec 3, 2024 and is issued by Oakmark.