Ocean Park High Income ETF (NASDAQ:DUKH) Short Interest Update

Ocean Park High Income ETF (NASDAQ:DUKH) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 1,924 shares, a drop of 79.4% from the December 31st total of 9,333 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 2,658 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 2,658 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.5% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Ocean Park High Income ETF stock. Jane Street Group LLC bought a new position in Ocean Park High Income ETF (NASDAQ:DUKH) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 20,302 shares of the company’s stock, valued at approximately $495,000. Jane Street Group LLC owned approximately 7.25% of Ocean Park High Income ETF at the end of the most recent reporting period.

Ocean Park High Income ETF Price Performance

Shares of DUKH traded down $0.06 during trading hours on Thursday, hitting $24.52. The stock had a trading volume of 201 shares, compared to its average volume of 3,084. The company’s fifty day moving average is $24.44 and its two-hundred day moving average is $24.46. Ocean Park High Income ETF has a 52 week low of $23.36 and a 52 week high of $25.29. The stock has a market capitalization of $10.05 million, a price-to-earnings ratio of 15.68 and a beta of 0.30.

Ocean Park High Income ETF Increases Dividend

The company 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 is a positive change from Ocean Park High Income ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a yield of 11.9%. The ex-dividend date of this dividend was Friday, December 5th.

Ocean Park High Income ETF Company Profile

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.