Short Interest in Running Oak Efficient Growth ETF (NASDAQ:RUNN) Drops By 36.4%

Running Oak Efficient Growth ETF (NASDAQ:RUNN) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 12,284 shares, a drop of 36.4% from the May 31st total of 19,323 shares. Based on an average trading volume of 36,164 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On Running Oak Efficient Growth ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Osbon Capital Management LLC bought a new position in Running Oak Efficient Growth ETF during the fourth quarter worth about $803,000. NewEdge Advisors LLC increased its stake in shares of Running Oak Efficient Growth ETF by 228.3% in the 2nd quarter. NewEdge Advisors LLC now owns 45,758 shares of the company’s stock valued at $1,548,000 after acquiring an additional 31,820 shares during the last quarter. Cahill Financial Advisors Inc. increased its stake in shares of Running Oak Efficient Growth ETF by 5.0% in the 4th quarter. Cahill Financial Advisors Inc. now owns 127,940 shares of the company’s stock valued at $4,266,000 after acquiring an additional 6,085 shares during the last quarter. Finally, Flagship Harbor Advisors LLC raised its position in shares of Running Oak Efficient Growth ETF by 3.0% in the 4th quarter. Flagship Harbor Advisors LLC now owns 16,590 shares of the company’s stock valued at $553,000 after acquiring an additional 476 shares during the period.

Running Oak Efficient Growth ETF Price Performance

Shares of Running Oak Efficient Growth ETF stock traded up $0.43 on Thursday, hitting $33.13. 17,027 shares of the company’s stock traded hands, compared to its average volume of 51,909. The firm’s 50-day moving average price is $32.56 and its two-hundred day moving average price is $33.32. The stock has a market capitalization of $365.42 million, a PE ratio of 25.29 and a beta of 0.72. Running Oak Efficient Growth ETF has a one year low of $31.45 and a one year high of $35.19.

About Running Oak Efficient Growth ETF

The Running Oak Efficient Growth ETF (RUNN) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in large- and mid-cap US stocks through a value and growth approach with a focus on downside volatility management. RUNN was launched on Jun 7, 2023 and is managed by ROC.