Short Interest in Running Oak Efficient Growth ETF (NASDAQ:RUNN) Drops By 70.5%

Running Oak Efficient Growth ETF (NASDAQ:RUNN) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 3,322 shares, a decline of 70.5% from the June 30th total of 11,264 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 51,456 shares, the days-to-cover ratio is presently 0.1 days.

Running Oak Efficient Growth ETF Price Performance

Running Oak Efficient Growth ETF stock traded up $0.79 during mid-day trading on Tuesday, reaching $34.49. The stock had a trading volume of 21,435 shares, compared to its average volume of 62,234. Running Oak Efficient Growth ETF has a one year low of $31.45 and a one year high of $35.19. The company has a 50-day moving average price of $32.66 and a two-hundred day moving average price of $33.23. The company has a market capitalization of $402.15 million, a price-to-earnings ratio of 25.29 and a beta of 0.72.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC lifted its stake in 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 worth $452,000 after purchasing an additional 2,448 shares in the last quarter. Flagship Harbor Advisors LLC boosted its stake in Running Oak Efficient Growth ETF by 3.0% during the fourth quarter. Flagship Harbor Advisors LLC now owns 16,590 shares of the company’s stock worth $553,000 after buying an additional 476 shares during the period. Osbon Capital Management LLC purchased a new position in Running Oak Efficient Growth ETF during the fourth quarter worth $803,000. Finally, Cahill Financial Advisors Inc. increased its position in Running Oak Efficient Growth ETF by 5.0% during the fourth quarter. Cahill Financial Advisors Inc. now owns 127,940 shares of the company’s stock valued at $4,266,000 after acquiring an additional 6,085 shares during the last quarter.

Running Oak Efficient Growth ETF Company Profile

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.