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 recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 2,067 shares, an increase of 779.6% from the May 31st total of 235 shares. Based on an average daily volume of 6,231 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Twin Oak Short Horizon Absolute Return ETF Price Performance

TOAK stock opened at $28.83 on Friday. Twin Oak Short Horizon Absolute Return ETF has a twelve month low of $27.81 and a twelve month high of $29.36. The firm has a market cap of $79.57 million, a PE ratio of 27.66 and a beta of 0.49. The business has a 50 day moving average of $28.75 and a 200 day moving average of $28.58.

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.