Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) Short Interest Update

Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 20,900 shares, an increase of 226.6% from the November 30th total of 6,400 shares. Based on an average daily trading volume, of 96,300 shares, the short-interest ratio is currently 0.2 days.

Angel Oak Financial Strategies Income Term Trust Price Performance

Angel Oak Financial Strategies Income Term Trust stock traded up $0.02 during trading hours on Thursday, reaching $12.91. The company had a trading volume of 115,016 shares, compared to its average volume of 61,197. Angel Oak Financial Strategies Income Term Trust has a 12-month low of $11.80 and a 12-month high of $13.30. The company has a 50-day moving average price of $12.87 and a 200 day moving average price of $12.78.

Angel Oak Financial Strategies Income Term Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th will be issued a dividend of $0.109 per share. The ex-dividend date of this dividend is Tuesday, December 17th. This represents a $1.31 dividend on an annualized basis and a yield of 10.13%.

Institutional Investors Weigh In On Angel Oak Financial Strategies Income Term Trust

Large investors have recently added to or reduced their stakes in the company. HighTower Advisors LLC bought a new stake in shares of Angel Oak Financial Strategies Income Term Trust in the 3rd quarter worth approximately $405,000. Shaker Financial Services LLC purchased a new stake in Angel Oak Financial Strategies Income Term Trust in the second quarter worth $1,040,000. Stifel Financial Corp boosted its holdings in Angel Oak Financial Strategies Income Term Trust by 10.8% in the third quarter. Stifel Financial Corp now owns 255,413 shares of the company’s stock valued at $3,377,000 after acquiring an additional 24,981 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV increased its position in Angel Oak Financial Strategies Income Term Trust by 5.0% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 540,794 shares of the company’s stock valued at $7,149,000 after purchasing an additional 25,960 shares during the period.

About Angel Oak Financial Strategies Income Term Trust