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

Oakmark U.S. Large Cap ETF (NYSEARCA:OAKM) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 24,310 shares, a drop of 69.1% from the April 30th total of 78,573 shares. Based on an average daily trading volume, of 323,632 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Flagship Harbor Advisors LLC acquired a new position in Oakmark U.S. Large Cap ETF during the 4th quarter worth approximately $57,000. Hunter Associates Investment Management LLC acquired a new position in Oakmark U.S. Large Cap ETF during the 1st quarter worth $241,000. Millstone Evans Group LLC bought a new stake in shares of Oakmark U.S. Large Cap ETF in the 4th quarter worth about $243,000. Janney Montgomery Scott LLC bought a new position in shares of Oakmark U.S. Large Cap ETF during the fourth quarter worth about $291,000. Finally, Nations Financial Group Inc. IA ADV acquired a new position in Oakmark U.S. Large Cap ETF in the first quarter worth about $421,000.

Oakmark U.S. Large Cap ETF Stock Up 0.1%

Shares of NYSEARCA:OAKM traded up $0.02 during midday trading on Friday, reaching $28.11. The company’s stock had a trading volume of 146,978 shares, compared to its average volume of 297,278. Oakmark U.S. Large Cap ETF has a 1 year low of $24.18 and a 1 year high of $29.22. The business has a 50 day moving average price of $27.88 and a 200 day moving average price of $27.98. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of 16.37 and a beta of 0.48.

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.