Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) Short Interest Update

Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 1,462 shares, a growth of 425.9% from the April 30th total of 278 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 8,341 shares, the short-interest ratio is presently 0.2 days.

Twin Oak Short Horizon Absolute Return ETF Price Performance

Shares of TOAK stock traded up $0.01 during trading on Friday, reaching $28.76. The company’s stock had a trading volume of 13,824 shares, compared to its average volume of 15,342. The company has a market capitalization of $79.38 million, a price-to-earnings ratio of 27.66 and a beta of 0.72. The stock’s 50-day moving average price is $28.68 and its 200 day moving average price is $28.51. Twin Oak Short Horizon Absolute Return ETF has a 1-year low of $27.68 and a 1-year high of $29.36.

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.