Oakmark U.S. Large Cap ETF (NYSEARCA:OAKM) Short Interest Up 451.1% in May

Oakmark U.S. Large Cap ETF (NYSEARCA:OAKM) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 133,973 shares, a growth of 451.1% from the May 14th total of 24,310 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 184,957 shares, the days-to-cover ratio is currently 0.7 days.

Oakmark U.S. Large Cap ETF Stock Down 1.0%

Shares of OAKM stock traded down $0.27 on Wednesday, hitting $27.97. The stock had a trading volume of 231,586 shares, compared to its average volume of 293,044. The business has a 50 day moving average price of $28.01 and a 200 day moving average price of $28.07. The company has a market cap of $1.10 billion, a PE ratio of 16.37 and a beta of 0.42. Oakmark U.S. Large Cap ETF has a one year low of $24.72 and a one year high of $29.22.

Hedge Funds Weigh In On Oakmark U.S. Large Cap ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Western Pacific Wealth Management LP grew its stake in Oakmark U.S. Large Cap ETF by 1.2% in the fourth quarter. Western Pacific Wealth Management LP now owns 154,243 shares of the company’s stock valued at $4,374,000 after purchasing an additional 1,765 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new position in Oakmark U.S. Large Cap ETF in the fourth quarter valued at about $57,000. Birchwood Financial Partners Inc. grew its stake in Oakmark U.S. Large Cap ETF by 20.9% in the first quarter. Birchwood Financial Partners Inc. now owns 18,659 shares of the company’s stock valued at $514,000 after purchasing an additional 3,226 shares during the last quarter. Abound Financial LLC grew its stake in Oakmark U.S. Large Cap ETF by 0.4% in the first quarter. Abound Financial LLC now owns 931,034 shares of the company’s stock valued at $25,664,000 after purchasing an additional 3,435 shares during the last quarter. Finally, Millstone Evans Group LLC purchased a new position in Oakmark U.S. Large Cap ETF in the fourth quarter valued at about $243,000.

Oakmark U.S. Large Cap ETF Company Profile

The Oakmark U.S. Large Cap ETF (OAKM) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, high-conviction fund holding fewer than 40 US large-cap value stocks. The investment process utilizes bottom-up research, seeking competitive long-term performance return. OAKM was launched on Dec 3, 2024 and is issued by Oakmark.