Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) Stock Short Interest Declines 53.2%

Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK – Get Free Report) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 3,610 shares, a decrease of 53.2% from the September 15th total of 7,709 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 1,673 shares, the short-interest ratio is currently 2.2 days.

Twin Oak Short Horizon Absolute Return ETF Stock Performance

NYSEARCA:TOAK remained flat at $29.15 during mid-day trading on Thursday. 187 shares of the company’s stock traded hands, compared to its average volume of 12,392. The stock has a market capitalization of $105.23 million, a P/E ratio of 27.66 and a beta of 0.07. The business has a 50-day simple moving average of $29.05 and a 200 day simple moving average of $28.88. Twin Oak Short Horizon Absolute Return ETF has a 52-week low of $28.16 and a 52-week high of $29.36.

About Twin Oak Short Horizon Absolute Return ETF

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Twin Oak Short Horizon Absolute Return ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twin Oak Short Horizon Absolute Return ETF and related companies with MarketBeat.com's FREE daily email newsletter.