Running Oak Efficient Growth ETF (NASDAQ:RUNN) Short Interest Down 45.3% in December

Running Oak Efficient Growth ETF (NASDAQ:RUNN) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totalling 15,800 shares, a drop of 45.3% from the December 15th total of 28,900 shares. Based on an average daily volume of 48,400 shares, the days-to-cover ratio is currently 0.3 days.

Running Oak Efficient Growth ETF Stock Performance

RUNN traded up $0.21 during trading on Tuesday, reaching $33.15. The company had a trading volume of 7,659 shares, compared to its average volume of 49,047. The firm’s 50-day simple moving average is $34.06 and its 200 day simple moving average is $32.94. The company has a market cap of $267.85 million, a price-to-earnings ratio of 25.87 and a beta of 0.79. Running Oak Efficient Growth ETF has a 12-month low of $27.71 and a 12-month high of $35.58.

Running Oak Efficient Growth ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were paid a $0.1288 dividend. The ex-dividend date was Monday, December 23rd. This is a boost from Running Oak Efficient Growth ETF’s previous dividend of $0.09.

Hedge Funds Weigh In On Running Oak Efficient Growth ETF

A hedge fund recently raised its stake in Running Oak Efficient Growth ETF stock. Pinnacle Bancorp Inc. increased its stake in Running Oak Efficient Growth ETF (NASDAQ:RUNN) by 18.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,500 shares of the company’s stock after purchasing an additional 1,000 shares during the quarter. Pinnacle Bancorp Inc. owned approximately 0.10% of Running Oak Efficient Growth ETF worth $217,000 as of its most recent filing with the Securities and Exchange Commission.

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.