Short Interest in Ocean Park High Income ETF (NASDAQ:DUKH) Expands By 1,396.1%

Ocean Park High Income ETF (NASDAQ:DUKH) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 4,578 shares, a growth of 1,396.1% from the November 30th total of 306 shares. Currently, 1.5% of the company’s shares are sold short. Based on an average trading volume of 2,296 shares, the short-interest ratio is currently 2.0 days. Based on an average trading volume of 2,296 shares, the short-interest ratio is currently 2.0 days. Currently, 1.5% of the company’s shares are sold short.

Institutional Trading of Ocean Park High Income ETF

An institutional investor recently bought a new position in Ocean Park High Income ETF stock. Wealth Enhancement Advisory Services LLC acquired a new position in Ocean Park High Income ETF (NASDAQ:DUKH) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,975 shares of the company’s stock, valued at approximately $636,000. Wealth Enhancement Advisory Services LLC owned approximately 8.66% of Ocean Park High Income ETF as of its most recent SEC filing.

Ocean Park High Income ETF Stock Up 0.1%

NASDAQ DUKH traded up $0.02 during trading on Wednesday, reaching $24.37. 391 shares of the stock traded hands, compared to its average volume of 3,448. Ocean Park High Income ETF has a fifty-two week low of $23.36 and a fifty-two week high of $25.29. The firm has a market cap of $7.31 million, a price-to-earnings ratio of 15.68 and a beta of 0.30. The stock’s 50-day moving average price is $24.42 and its 200 day moving average price is $24.41.

Ocean Park High Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, December 5th were issued a $0.2435 dividend. This is a positive change from Ocean Park High Income ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Friday, December 5th. This represents a c) annualized dividend and a dividend yield of 12.0%.

Ocean Park High Income ETF Company Profile

The Ocean Park High Income ETF (DUKH) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund-of-funds that tactically allocates assets across high-yield fixed income ETFs that are unconstrained by maturity or geography. The fund seeks to provide total return while mitigating downside risk. DUKH was launched on Jul 10, 2024 and is issued by Ocean Park.