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

Ocean Park High Income ETF (NASDAQ:DUKH) was the target of a significant decrease in short interest in March. As of March 31st, there was short interest totaling 950 shares, a decrease of 31.0% from the March 15th total of 1,376 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 4,067 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

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

Ocean Park High Income ETF Price Performance

Ocean Park High Income ETF stock opened at $24.03 on Tuesday. Ocean Park High Income ETF has a 1-year low of $23.68 and a 1-year high of $24.75. The business has a fifty day moving average price of $24.20 and a 200-day moving average price of $24.37. The stock has a market capitalization of $11.29 million, a price-to-earnings ratio of 15.68 and a beta of 0.30.

Ocean Park High Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, April 13th. Shareholders of record on Monday, April 6th were issued a $0.0976 dividend. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend was Monday, April 6th.

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.