Running Oak Efficient Growth ETF (NASDAQ:RUNN) Short Interest Up 144.5% in August

Running Oak Efficient Growth ETF (NASDAQ:RUNN) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 44,557 shares, a growth of 144.5% from the July 30th total of 18,223 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 38,498 shares, the days-to-cover ratio is currently 1.2 days.

Running Oak Efficient Growth ETF Stock Performance

Shares of NASDAQ RUNN traded up $0.14 during midday trading on Friday, reaching $35.19. The company’s stock had a trading volume of 32,065 shares, compared to its average volume of 60,565. Running Oak Efficient Growth ETF has a fifty-two week low of $31.45 and a fifty-two week high of $35.73. The business’s 50 day moving average price is $33.87 and its two-hundred day moving average price is $33.29. The company has a market cap of $409.26 million, a P/E ratio of 25.29 and a beta of 0.70.

Hedge Funds Weigh In On Running Oak Efficient Growth ETF

Several hedge funds have recently bought and sold shares of RUNN. NewEdge Advisors LLC lifted its holdings in shares of Running Oak Efficient Growth ETF by 228.3% during the 2nd quarter. NewEdge Advisors LLC now owns 45,758 shares of the company’s stock worth $1,548,000 after acquiring an additional 31,820 shares during the period. Osbon Capital Management LLC acquired a new position in Running Oak Efficient Growth ETF during the fourth quarter valued at approximately $803,000. Finally, Cahill Financial Advisors Inc. raised its position in Running Oak Efficient Growth ETF by 5.0% during the fourth quarter. Cahill Financial Advisors Inc. now owns 127,940 shares of the company’s stock valued at $4,266,000 after purchasing an additional 6,085 shares in the last quarter.

About Running Oak Efficient Growth ETF

The Running Oak Efficient Growth ETF (RUNN) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in large- and mid-cap US stocks through a value and growth approach with a focus on downside volatility management. RUNN was launched on Jun 7, 2023 and is managed by ROC.