Ocean Park High Income ETF (NASDAQ:DUKH) Sees Significant Increase in Short Interest

Ocean Park High Income ETF (NASDAQ:DUKHGet Free Report) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 9,333 shares, a growth of 103.9% from the December 15th total of 4,578 shares. Approximately 2.3% of the company’s shares are short sold. Based on an average daily volume of 3,307 shares, the short-interest ratio is presently 2.8 days. Based on an average daily volume of 3,307 shares, the short-interest ratio is presently 2.8 days. Approximately 2.3% of the company’s shares are short sold.

Ocean Park High Income ETF Stock Performance

DUKH opened at $24.59 on Friday. Ocean Park High Income ETF has a 1 year low of $23.36 and a 1 year high of $25.29. The firm has a 50 day moving average price of $24.41 and a 200 day moving average price of $24.45. The company has a market cap of $9.84 million, a PE ratio of 15.68 and a beta of 0.30.

Ocean Park High Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, December 5th were given a $0.2435 dividend. The ex-dividend date of this dividend was Friday, December 5th. This is an increase from Ocean Park High Income ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 11.9%.

Institutional Trading of Ocean Park High Income ETF

A hedge fund recently bought a new stake in Ocean Park High Income ETF stock. Jane Street Group LLC acquired a new stake in shares of Ocean Park High Income ETF (NASDAQ:DUKHFree Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 20,302 shares of the company’s stock, valued at approximately $495,000. Jane Street Group LLC owned 7.25% of Ocean Park High Income ETF as of its most recent SEC filing.

Ocean Park High Income ETF Company Profile

(Get Free Report)

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.

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