Ocean Park High Income ETF (NASDAQ:DUKH) Short Interest Up 103.9% in December

Ocean Park High Income ETF (NASDAQ:DUKH) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 9,333 shares, an increase of 103.9% from the December 15th total of 4,578 shares. Approximately 2.3% of the shares of the company are sold short. Based on an average daily volume of 3,307 shares, the days-to-cover ratio is presently 2.8 days. Based on an average daily volume of 3,307 shares, the days-to-cover ratio is presently 2.8 days. Approximately 2.3% of the shares of the company are sold short.

Ocean Park High Income ETF Stock Down 0.0%

Shares of Ocean Park High Income ETF stock traded down $0.01 on Friday, reaching $24.59. 545 shares of the stock were exchanged, compared to its average volume of 2,422. The business has a 50 day moving average price of $24.41 and a two-hundred day moving average price of $24.45. The firm has a market capitalization of $9.84 million, a price-to-earnings ratio of 15.68 and a beta of 0.30. Ocean Park High Income ETF has a twelve month low of $23.36 and a twelve month high of $25.29.

Ocean Park High Income ETF Increases Dividend

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Ocean Park High Income ETF stock. Jane Street Group LLC purchased a new stake in Ocean Park High Income ETF (NASDAQ:DUKH) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,302 shares of the company’s stock, valued at approximately $495,000. Jane Street Group LLC owned about 7.25% of Ocean Park High Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.