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

Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 235 shares, a decline of 83.9% from the May 14th total of 1,462 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 45,029 shares, the days-to-cover ratio is currently 0.0 days.

Twin Oak Short Horizon Absolute Return ETF Stock Performance

Shares of TOAK stock remained flat at $28.78 on Thursday. The stock had a trading volume of 3,336 shares, compared to its average volume of 14,674. The company has a market capitalization of $79.43 million, a PE ratio of 27.66 and a beta of 0.55. Twin Oak Short Horizon Absolute Return ETF has a 12 month low of $27.77 and a 12 month high of $29.36. The firm’s 50 day moving average price is $28.71 and its 200 day moving average price is $28.55.

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.