Short Interest in Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) Declines By 38.0%

Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 2,892 shares, a decrease of 38.0% from the August 15th total of 4,668 shares. Based on an average daily volume of 33,537 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Twin Oak Short Horizon Absolute Return ETF Price Performance

Shares of NYSEARCA:TOAK traded up $0.01 during trading on Wednesday, hitting $29.05. The company’s stock had a trading volume of 36 shares, compared to its average volume of 13,786. The firm has a market cap of $116.19 million, a price-to-earnings ratio of 27.66 and a beta of 0.23. The company has a 50-day moving average of $28.98 and a 200-day moving average of $28.80. Twin Oak Short Horizon Absolute Return ETF has a 12 month low of $28.03 and a 12 month high of $29.36.

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.