Ocean Park High Income ETF (NASDAQ:DUKH) Short Interest Update

Ocean Park High Income ETF (NASDAQ:DUKH) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 1,924 shares, a decline of 79.4% from the December 31st total of 9,333 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 2,658 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 2,658 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.5% of the company’s stock are short sold.

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 bought a new position in Ocean Park High Income ETF (NASDAQ:DUKH) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 20,302 shares of the company’s stock, valued at approximately $495,000. Jane Street Group LLC owned approximately 7.25% of Ocean Park High Income ETF at the end of the most recent quarter.

Ocean Park High Income ETF Price Performance

DUKH stock traded down $0.05 during trading on Friday, hitting $24.53. 7,515 shares of the stock traded hands, compared to its average volume of 3,000. The stock has a market cap of $10.06 million, a price-to-earnings ratio of 15.68 and a beta of 0.30. Ocean Park High Income ETF has a 1 year low of $23.36 and a 1 year high of $25.29. The firm’s 50 day moving average is $24.45 and its two-hundred day moving average is $24.46.

Ocean Park High Income ETF Increases Dividend

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

About Ocean Park High Income ETF

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.