Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) Stock Short Interest Falls 53.2%

Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 3,610 shares, a decrease of 53.2% from the September 15th total of 7,709 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 1,673 shares, the short-interest ratio is presently 2.2 days.

Twin Oak Short Horizon Absolute Return ETF Price Performance

Shares of TOAK stock remained flat at $29.14 during trading hours on Wednesday. The stock had a trading volume of 2,088 shares, compared to its average volume of 12,517. Twin Oak Short Horizon Absolute Return ETF has a 12-month low of $28.15 and a 12-month high of $29.36. The company has a market capitalization of $105.20 million, a PE ratio of 27.66 and a beta of 0.06. The business’s 50 day moving average is $29.05 and its two-hundred day moving average is $28.87.

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.