Running Oak Efficient Growth ETF (NASDAQ:RUNN) Short Interest Down 36.9% in October

Running Oak Efficient Growth ETF (NASDAQ:RUNN) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 17,300 shares, a drop of 36.9% from the October 15th total of 27,400 shares. Based on an average daily volume of 37,500 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of RUNN. Pinnacle Bancorp Inc. raised its position in shares of Running Oak Efficient Growth ETF by 18.2% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 6,500 shares of the company’s stock valued at $217,000 after buying an additional 1,000 shares in the last quarter. WR Wealth Planners LLC increased its stake in Running Oak Efficient Growth ETF by 61.4% in the second quarter. WR Wealth Planners LLC now owns 9,525 shares of the company’s stock valued at $291,000 after acquiring an additional 3,625 shares during the last quarter. Finally, Cahill Financial Advisors Inc. raised its position in Running Oak Efficient Growth ETF by 21.4% during the third quarter. Cahill Financial Advisors Inc. now owns 94,778 shares of the company’s stock valued at $3,168,000 after purchasing an additional 16,680 shares in the last quarter.

Running Oak Efficient Growth ETF Price Performance

Running Oak Efficient Growth ETF stock traded down $0.32 during mid-day trading on Friday, reaching $34.25. 29,282 shares of the company were exchanged, compared to its average volume of 37,815. The company has a fifty day simple moving average of $33.60 and a 200-day simple moving average of $31.97. The firm has a market cap of $225.37 million, a PE ratio of 25.87 and a beta of 0.79. Running Oak Efficient Growth ETF has a 12 month low of $26.33 and a 12 month high of $35.58.

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.