Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) Shares Shorted: Short Interest Up 166.6% in September

Twin Oak Short Horizon Absolute Return ETF (NYSEARCA:TOAK) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 7,709 shares, an increase of 166.6% from the August 31st total of 2,892 shares. Based on an average daily trading volume, of 8,703 shares, the short-interest ratio is currently 0.9 days. Approximately 0.2% of the company’s shares are sold short.

Twin Oak Short Horizon Absolute Return ETF Stock Performance

Shares of Twin Oak Short Horizon Absolute Return ETF stock opened at $29.08 on Friday. The stock’s fifty day simple moving average is $29.00 and its 200 day simple moving average is $28.82. The company has a market capitalization of $104.98 million, a PE ratio of 27.66 and a beta of 0.07. Twin Oak Short Horizon Absolute Return ETF has a 12 month low of $28.09 and a 12 month high of $29.36.

About Twin Oak Short Horizon Absolute Return ETF

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.