Running Oak Efficient Growth ETF (NASDAQ:RUNN) Sees Large Decrease in Short Interest

Running Oak Efficient Growth ETF (NASDAQ:RUNN) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 37,097 shares, a drop of 63.7% from the September 15th total of 102,202 shares. Based on an average daily volume of 52,869 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the shares of the company are sold short.

Running Oak Efficient Growth ETF Stock Down 0.4%

RUNN traded down $0.14 during trading on Wednesday, reaching $33.47. 6,619 shares of the company’s stock were exchanged, compared to its average volume of 57,421. The business has a 50 day moving average price of $34.07 and a 200 day moving average price of $33.27. Running Oak Efficient Growth ETF has a fifty-two week low of $31.45 and a fifty-two week high of $35.73. The company has a market capitalization of $390.98 million, a P/E ratio of 25.29 and a beta of 0.73.

Institutional Investors Weigh In On Running Oak Efficient Growth ETF

An institutional investor recently raised its position in Running Oak Efficient Growth ETF stock. Cahill Financial Advisors Inc. lifted its stake in Running Oak Efficient Growth ETF (NASDAQ:RUNN) by 3.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 138,718 shares of the company’s stock after buying an additional 4,982 shares during the period. Cahill Financial Advisors Inc. owned about 1.19% of Running Oak Efficient Growth ETF worth $4,494,000 at the end of the most recent reporting period.

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.