Short Interest in Running Oak Efficient Growth ETF (NASDAQ:RUNN) Rises By 156.7%

Running Oak Efficient Growth ETF (NASDAQ:RUNN) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 114,361 shares, an increase of 156.7% from the August 15th total of 44,557 shares. Currently, 1.0% of the company’s shares are sold short. Based on an average trading volume of 62,050 shares, the days-to-cover ratio is presently 1.8 days.

Running Oak Efficient Growth ETF Price Performance

Shares of RUNN traded down $0.30 during mid-day trading on Tuesday, reaching $33.63. The stock had a trading volume of 3,122 shares, compared to its average volume of 58,701. Running Oak Efficient Growth ETF has a 52-week low of $31.45 and a 52-week high of $35.73. The firm has a market cap of $391.12 million, a price-to-earnings ratio of 25.29 and a beta of 0.71. The business’s fifty day moving average is $34.24 and its 200 day moving average is $33.30.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Running Oak Efficient Growth ETF stock. Osbon Capital Management LLC acquired a new position in Running Oak Efficient Growth ETF (NASDAQ:RUNN) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 24,074 shares of the company’s stock, valued at approximately $803,000. Running Oak Efficient Growth ETF accounts for 0.8% of Osbon Capital Management LLC’s portfolio, making the stock its 26th largest holding. Osbon Capital Management LLC owned approximately 0.22% of Running Oak Efficient Growth ETF at the end of the most recent 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.