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

Oakmark U.S. Large Cap ETF (NYSEARCA:OAKM) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 204,459 shares, a growth of 50.6% from the August 31st total of 135,793 shares. Based on an average trading volume of 137,728 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.6% of the shares of the stock are short sold.

Hedge Funds Weigh In On Oakmark U.S. Large Cap ETF

Several large investors have recently bought and sold shares of OAKM. Hunter Associates Investment Management LLC acquired a new stake in Oakmark U.S. Large Cap ETF in the first quarter worth $241,000. Nations Financial Group Inc. IA ADV bought a new stake in shares of Oakmark U.S. Large Cap ETF in the first quarter worth $421,000. Birchwood Financial Partners Inc. bought a new stake in Oakmark U.S. Large Cap ETF during the 4th quarter worth about $438,000. Millstone Evans Group LLC boosted its position in Oakmark U.S. Large Cap ETF by 120.3% during the first quarter. Millstone Evans Group LLC now owns 18,896 shares of the company’s stock valued at $521,000 after purchasing an additional 10,320 shares during the last quarter. Finally, Western Pacific Wealth Management LP boosted its holdings in shares of Oakmark U.S. Large Cap ETF by 4.0% in the 1st quarter. Western Pacific Wealth Management LP now owns 160,370 shares of the company’s stock valued at $4,421,000 after buying an additional 6,127 shares during the last quarter.

Oakmark U.S. Large Cap ETF Stock Performance

Oakmark U.S. Large Cap ETF stock traded up $0.17 during trading hours on Thursday, hitting $29.53. 760,316 shares of the stock were exchanged, compared to its average volume of 247,696. The business’s 50-day moving average is $30.76 and its two-hundred day moving average is $29.05. Oakmark U.S. Large Cap ETF has a 12 month low of $25.72 and a 12 month high of $32.14. The stock has a market capitalization of $1.10 billion, a P/E ratio of 16.37 and a beta of 0.40.

About Oakmark U.S. Large Cap ETF

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.