Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) Short Interest Down 38.0% in August

Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 2,892 shares, a decrease of 38.0% from the August 15th total of 4,668 shares. Based on an average daily trading volume, of 33,537 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Twin Oak Short Horizon Absolute Return ETF Trading Up 0.0%

Shares of NYSEARCA TOAK traded up $0.01 during mid-day trading on Wednesday, reaching $29.05. The company had a trading volume of 36 shares, compared to its average volume of 13,786. The business’s 50-day moving average is $28.98 and its 200-day moving average is $28.80. The stock has a market cap of $116.19 million, a price-to-earnings ratio of 27.66 and a beta of 0.23. Twin Oak Short Horizon Absolute Return ETF has a 52 week low of $28.03 and a 52 week high of $29.36.

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.