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

Oakmark U.S. Large Cap ETF (NYSEARCA:OAKM) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 204,459 shares, a growth of 50.6% from the August 31st total of 135,793 shares. Based on an average daily volume of 137,728 shares, the short-interest ratio is currently 1.5 days. Currently, 0.6% of the company’s shares are sold short.

Oakmark U.S. Large Cap ETF Stock Up 0.6%

OAKM traded up $0.17 during midday trading on Thursday, hitting $29.53. The company had a trading volume of 760,316 shares, compared to its average volume of 247,696. The stock’s 50 day moving average price is $30.76 and its 200 day moving average price is $29.05. Oakmark U.S. Large Cap ETF has a 52 week low of $25.72 and a 52 week high of $32.14. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of 16.37 and a beta of 0.40.

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

A number of hedge funds have recently bought and sold shares of OAKM. Abound Financial LLC lifted its position in shares of Oakmark U.S. Large Cap ETF by 0.4% during the 1st quarter. Abound Financial LLC now owns 931,034 shares of the company’s stock worth $25,664,000 after buying an additional 3,435 shares in the last quarter. Western Pacific Wealth Management LP grew its holdings in shares of Oakmark U.S. Large Cap ETF by 4.0% in the first quarter. Western Pacific Wealth Management LP now owns 160,370 shares of the company’s stock valued at $4,421,000 after acquiring an additional 6,127 shares in the last quarter. Millstone Evans Group LLC increased its position in shares of Oakmark U.S. Large Cap ETF by 120.3% during the first quarter. Millstone Evans Group LLC now owns 18,896 shares of the company’s stock valued at $521,000 after acquiring an additional 10,320 shares during the last quarter. Birchwood Financial Partners Inc. increased its position in shares of Oakmark U.S. Large Cap ETF by 20.9% during the first quarter. Birchwood Financial Partners Inc. now owns 18,659 shares of the company’s stock valued at $514,000 after acquiring an additional 3,226 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV bought a new stake in Oakmark U.S. Large Cap ETF during the first quarter worth $421,000.

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.