Short Interest in Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) Expands By 82.7%

Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 4,668 shares, an increase of 82.7% from the July 30th total of 2,555 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 4,718 shares, the days-to-cover ratio is currently 1.0 days.

Twin Oak Short Horizon Absolute Return ETF Price Performance

Shares of TOAK remained flat at $29.01 during mid-day trading on Monday. 397 shares of the stock were exchanged, compared to its average volume of 14,095. The company has a market cap of $91.09 million, a P/E ratio of 27.66 and a beta of 0.26. The business’s fifty day moving average price is $28.93 and its 200 day moving average price is $28.75. Twin Oak Short Horizon Absolute Return ETF has a one year low of $27.99 and a one year 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.