Short Interest in Running Oak Efficient Growth ETF (NASDAQ:RUNN) Declines By 36.4%

Running Oak Efficient Growth ETF (NASDAQ:RUNN) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 12,284 shares, a decrease of 36.4% from the May 31st total of 19,323 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 36,164 shares, the days-to-cover ratio is presently 0.3 days.

Running Oak Efficient Growth ETF Price Performance

Shares of NASDAQ RUNN traded up $0.43 during midday trading on Thursday, hitting $33.13. The stock had a trading volume of 17,027 shares, compared to its average volume of 51,909. The company’s 50-day simple moving average is $32.56 and its 200 day simple moving average is $33.32. The firm has a market cap of $365.42 million, a P/E ratio of 25.29 and a beta of 0.72. Running Oak Efficient Growth ETF has a fifty-two week low of $31.45 and a fifty-two week high of $35.19.

Hedge Funds Weigh In On Running Oak Efficient Growth ETF

Several hedge funds have recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC raised its holdings in Running Oak Efficient Growth ETF by 3.0% during the 4th quarter. Flagship Harbor Advisors LLC now owns 16,590 shares of the company’s stock worth $553,000 after purchasing an additional 476 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Running Oak Efficient Growth ETF by 21.3% in the 1st quarter. NewEdge Advisors LLC now owns 13,938 shares of the company’s stock valued at $452,000 after purchasing an additional 2,448 shares during the last quarter. Cahill Financial Advisors Inc. boosted its stake in shares of Running Oak Efficient Growth ETF by 5.0% in the 4th quarter. Cahill Financial Advisors Inc. now owns 127,940 shares of the company’s stock valued at $4,266,000 after purchasing an additional 6,085 shares during the last quarter. Finally, Osbon Capital Management LLC acquired a new stake in shares of Running Oak Efficient Growth ETF during the 4th quarter worth approximately $803,000.

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.