Short Interest in Ocean Park High Income ETF (NASDAQ:DUKH) Decreases By 65.1%

Ocean Park High Income ETF (NASDAQ:DUKH) was the target of a large decline in short interest in March. As of March 13th, there was short interest totaling 1,376 shares, a decline of 65.1% from the February 26th total of 3,943 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 8,584 shares, the short-interest ratio is currently 0.2 days.

Ocean Park High Income ETF Trading Down 0.2%

Shares of DUKH traded down $0.05 during midday trading on Friday, reaching $23.80. 595 shares of the stock were exchanged, compared to its average volume of 4,707. Ocean Park High Income ETF has a 52 week low of $23.36 and a 52 week high of $24.81. The company’s 50 day moving average is $24.36 and its two-hundred day moving average is $24.44. The company has a market capitalization of $9.52 million, a P/E ratio of 15.68 and a beta of 0.30.

Ocean Park High Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, March 5th were paid a $0.0886 dividend. The ex-dividend date of this dividend was Thursday, March 5th. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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

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.