Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Short Interest Up 62.6% in January

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 18,873 shares, a growth of 62.6% from the January 15th total of 11,607 shares. Based on an average daily trading volume, of 48,367 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 48,367 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Angel Oak High Yield Opportunities ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ausdal Financial Partners Inc. lifted its holdings in shares of Angel Oak High Yield Opportunities ETF by 10.7% during the fourth quarter. Ausdal Financial Partners Inc. now owns 12,103 shares of the company’s stock worth $134,000 after purchasing an additional 1,168 shares during the period. Fifth Third Securities Inc. lifted its stake in Angel Oak High Yield Opportunities ETF by 3.0% during the 4th quarter. Fifth Third Securities Inc. now owns 55,753 shares of the company’s stock valued at $619,000 after acquiring an additional 1,641 shares during the period. IFP Advisors Inc boosted its holdings in shares of Angel Oak High Yield Opportunities ETF by 5.1% in the 4th quarter. IFP Advisors Inc now owns 43,011 shares of the company’s stock valued at $477,000 after acquiring an additional 2,073 shares during the last quarter. PFG Investments LLC boosted its holdings in shares of Angel Oak High Yield Opportunities ETF by 7.6% in the 4th quarter. PFG Investments LLC now owns 39,734 shares of the company’s stock valued at $441,000 after acquiring an additional 2,821 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Angel Oak High Yield Opportunities ETF during the second quarter worth $62,000.

Angel Oak High Yield Opportunities ETF Price Performance

NASDAQ:AOHY remained flat at $11.16 during trading hours on Friday. 55,632 shares of the company’s stock traded hands, compared to its average volume of 51,988. Angel Oak High Yield Opportunities ETF has a 12 month low of $10.52 and a 12 month high of $11.29. The stock has a market cap of $123.09 million, a PE ratio of 2.33 and a beta of 0.22. The company’s 50-day moving average is $11.15 and its 200 day moving average is $11.15.

Angel Oak High Yield Opportunities ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Friday, January 30th were given a $0.0504 dividend. This represents a c) annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend was Friday, January 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.