Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) Short Interest Update

Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 7,709 shares, an increase of 166.6% from the August 31st total of 2,892 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 8,703 shares, the days-to-cover ratio is currently 0.9 days.

Twin Oak Short Horizon Absolute Return ETF Trading Up 0.0%

Shares of TOAK stock traded up $0.01 during midday trading on Monday, reaching $29.09. 627 shares of the stock were exchanged, compared to its average volume of 13,208. Twin Oak Short Horizon Absolute Return ETF has a 1 year low of $28.09 and a 1 year high of $29.36. The firm has a market cap of $105.01 million, a PE ratio of 27.66 and a beta of 0.07. The company’s 50 day moving average is $29.00 and its two-hundred day moving average is $28.83.

About Twin Oak Short Horizon Absolute Return ETF

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.