Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) Short Interest Update

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

Twin Oak Short Horizon Absolute Return ETF Stock Performance

Shares of NYSEARCA TOAK traded up $0.01 during mid-day trading on Friday, hitting $29.05. 820 shares of the stock were exchanged, compared to its average volume of 13,569. Twin Oak Short Horizon Absolute Return ETF has a twelve month low of $28.05 and a twelve month high of $29.36. The stock’s fifty day simple moving average is $28.98 and its two-hundred day simple moving average is $28.80. The company has a market cap of $116.17 million, a P/E ratio of 27.66 and a beta of 0.07.

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.