Angel Oak Income ETF (NASDAQ:CARY) Short Interest Update

Angel Oak Income ETF (NASDAQ:CARY) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 258,993 shares, a growth of 288.7% from the July 30th total of 66,634 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 645,343 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of Angel Oak Income ETF

Several institutional investors and hedge funds have recently modified their holdings of CARY. Ameritas Advisory Services LLC acquired a new stake in Angel Oak Income ETF in the second quarter valued at about $288,000. Rareview Capital LLC grew its position in Angel Oak Income ETF by 10.8% in the second quarter. Rareview Capital LLC now owns 110,405 shares of the company’s stock valued at $2,296,000 after acquiring an additional 10,731 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in Angel Oak Income ETF by 5.1% in the second quarter. Concurrent Investment Advisors LLC now owns 43,269 shares of the company’s stock valued at $899,000 after acquiring an additional 2,081 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in Angel Oak Income ETF by 100.5% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 51,747 shares of the company’s stock worth $1,075,000 after acquiring an additional 25,940 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC raised its stake in Angel Oak Income ETF by 47.1% during the second quarter. Wealthcare Advisory Partners LLC now owns 274,920 shares of the company’s stock worth $5,713,000 after acquiring an additional 88,039 shares in the last quarter.

Angel Oak Income ETF Stock Performance

NASDAQ CARY opened at $20.75 on Thursday. The business has a fifty day moving average price of $20.75 and a two-hundred day moving average price of $20.83. Angel Oak Income ETF has a fifty-two week low of $20.58 and a fifty-two week high of $21.55.

Angel Oak Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 31st were paid a $0.1001 dividend. The ex-dividend date was Friday, July 31st.

Angel Oak Income ETF Company Profile

The Angel Oak Income ETF (CARY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that aims for current income by broadly investing in USD-denominated fixed income securities with a tilt towards structured products and residential mortgage. Securities could be of any credit quality or maturity. CARY was launched on Nov 7, 2022 and is issued by Angel Oak.