Short Interest in Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) Declines By 83.9%

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

Twin Oak Short Horizon Absolute Return ETF Stock Performance

NYSEARCA TOAK traded down $0.01 during trading hours on Wednesday, hitting $28.78. 12,508 shares of the company traded hands, compared to its average volume of 14,777. The business’s 50-day moving average is $28.71 and its 200-day moving average is $28.54. Twin Oak Short Horizon Absolute Return ETF has a twelve month low of $27.76 and a twelve month high of $29.36. The stock has a market capitalization of $79.43 million, a price-to-earnings ratio of 27.66 and a beta of 0.58.

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.