Oakmark U.S. Large Cap ETF (NYSEARCA:OAKM) Sees Large Increase in Short Interest

Oakmark U.S. Large Cap ETF (NYSEARCA:OAKM) was the target of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 72,421 shares, an increase of 255.0% from the February 26th total of 20,399 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 244,012 shares, the short-interest ratio is currently 0.3 days.

Oakmark U.S. Large Cap ETF Stock Performance

NYSEARCA OAKM traded down $0.05 during mid-day trading on Thursday, reaching $27.50. 146,031 shares of the stock were exchanged, compared to its average volume of 343,520. Oakmark U.S. Large Cap ETF has a 1-year low of $21.00 and a 1-year high of $29.22. The business’s fifty day simple moving average is $28.12 and its 200 day simple moving average is $27.58. The stock has a market capitalization of $1.05 billion, a PE ratio of 16.37 and a beta of 1.20.

Institutional Investors Weigh In On Oakmark U.S. Large Cap ETF

Several hedge funds have recently made changes to their positions in OAKM. Flagship Harbor Advisors LLC purchased a new stake in shares of Oakmark U.S. Large Cap ETF in the fourth quarter valued at $57,000. Millstone Evans Group LLC purchased a new position in Oakmark U.S. Large Cap ETF during the fourth quarter worth about $243,000. Janney Montgomery Scott LLC acquired a new stake in Oakmark U.S. Large Cap ETF in the 4th quarter worth about $291,000. Birchwood Financial Partners Inc. acquired a new stake in Oakmark U.S. Large Cap ETF in the 4th quarter worth about $438,000. Finally, Valeo Financial Advisors LLC purchased a new stake in Oakmark U.S. Large Cap ETF in the 3rd quarter valued at about $888,000.

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.