Running Oak Efficient Growth ETF (NASDAQ:RUNN) Sees Large Drop in Short Interest

Running Oak Efficient Growth ETF (NASDAQ:RUNN) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 21,700 shares, a decrease of 14.2% from the March 31st total of 25,300 shares. Based on an average daily volume of 44,400 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Running Oak Efficient Growth ETF

A hedge fund recently bought a new stake in Running Oak Efficient Growth ETF stock. Pinnacle Bancorp Inc. acquired a new stake in shares of Running Oak Efficient Growth ETF (NASDAQ:RUNN) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,500 shares of the company’s stock, valued at approximately $109,000. Pinnacle Bancorp Inc. owned approximately 0.08% of Running Oak Efficient Growth ETF at the end of the most recent quarter.

Running Oak Efficient Growth ETF Price Performance

RUNN opened at $29.97 on Tuesday. The company has a market capitalization of $142.66 million, a P/E ratio of 26.34 and a beta of 0.78. The firm’s fifty day moving average price is $30.28 and its two-hundred day moving average price is $28.32. Running Oak Efficient Growth ETF has a fifty-two week low of $24.46 and a fifty-two week high of $31.22.

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.