Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Short Interest Up 120.5% in April

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 50,212 shares, a growth of 120.5% from the April 15th total of 22,772 shares. Based on an average daily volume of 50,273 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.5% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of AOHY. Arkadios Wealth Advisors raised its position in shares of Angel Oak High Yield Opportunities ETF by 15.5% during the 4th quarter. Arkadios Wealth Advisors now owns 3,435,040 shares of the company’s stock valued at $38,129,000 after buying an additional 461,380 shares during the period. UBS Group AG raised its position in shares of Angel Oak High Yield Opportunities ETF by 24.9% during the 4th quarter. UBS Group AG now owns 423,291 shares of the company’s stock valued at $4,699,000 after buying an additional 84,347 shares during the period. NewEdge Wealth LLC raised its position in shares of Angel Oak High Yield Opportunities ETF by 8.2% during the 1st quarter. NewEdge Wealth LLC now owns 374,657 shares of the company’s stock valued at $4,095,000 after buying an additional 28,499 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Angel Oak High Yield Opportunities ETF by 17.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 312,145 shares of the company’s stock valued at $3,496,000 after buying an additional 46,971 shares during the period. Finally, MML Investors Services LLC raised its position in shares of Angel Oak High Yield Opportunities ETF by 12.6% during the 4th quarter. MML Investors Services LLC now owns 243,110 shares of the company’s stock valued at $2,699,000 after buying an additional 27,119 shares during the period.

Angel Oak High Yield Opportunities ETF Price Performance

AOHY opened at $11.02 on Friday. The company’s 50 day simple moving average is $11.04 and its two-hundred day simple moving average is $11.10. Angel Oak High Yield Opportunities ETF has a 1-year low of $10.86 and a 1-year high of $11.29. The firm has a market capitalization of $120.23 million, a price-to-earnings ratio of 2.33 and a beta of 0.19.

Angel Oak High Yield Opportunities ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, May 1st. Shareholders of record on Thursday, April 30th were paid a $0.0621 dividend. The ex-dividend date of this dividend was Thursday, April 30th.

Angel Oak High Yield Opportunities ETF Company Profile

The Angel Oak High Yield Opportunities ETF (AOHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to high-yield fixed-income securities, globally. The fund seeks a high level of current income, and to a lesser extent, capital appreciation. AOHY was launched on Feb 20, 2024 and is issued by Angel Oak.