Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) Sees Large Increase in Short Interest

Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 278 shares, an increase of 2,427.3% from the April 15th total of 11 shares. Based on an average daily volume of 5,101 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Twin Oak Short Horizon Absolute Return ETF Trading Down 0.0%

Shares of NYSEARCA TOAK opened at $28.70 on Tuesday. The stock has a fifty day simple moving average of $28.62 and a two-hundred day simple moving average of $28.45. Twin Oak Short Horizon Absolute Return ETF has a 1-year low of $27.64 and a 1-year high of $29.36. The firm has a market cap of $79.21 million, a price-to-earnings ratio of 27.66 and a beta of 0.05.

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.