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 large increase in short interest during the month of 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 company are short sold. Based on an average trading volume of 4,718 shares, the short-interest ratio is currently 1.0 days.

Twin Oak Short Horizon Absolute Return ETF Stock Performance

Shares of NYSEARCA:TOAK opened at $29.01 on Tuesday. The stock’s 50-day moving average is $28.93 and its 200-day moving average is $28.75. The company has a market cap of $91.09 million, a P/E ratio of 27.66 and a beta of 0.26. Twin Oak Short Horizon Absolute Return ETF has a 52-week low of $27.99 and a 52-week 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.