Ocean Park High Income ETF (NASDAQ:DUKH) Shares Shorted: Short Interest Down 63.4% in September

Ocean Park High Income ETF (NASDAQ:DUKH) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totaling 2,683 shares, a drop of 63.4% from the August 31st total of 7,336 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 8,068 shares, the days-to-cover ratio is presently 0.3 days.

Ocean Park High Income ETF Trading Up 0.0%

Shares of NASDAQ:DUKH traded up $0.01 during trading on Friday, hitting $23.35. 216 shares of the company were exchanged, compared to its average volume of 7,717. Ocean Park High Income ETF has a fifty-two week low of $23.29 and a fifty-two week high of $24.75. The stock has a market cap of $23.12 million, a price-to-earnings ratio of 15.68 and a beta of 0.23. The firm has a fifty day moving average price of $23.71 and a two-hundred day moving average price of $23.89.

Ocean Park High Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, September 14th. Investors of record on Tuesday, September 8th were issued a dividend of $0.1137 per share. The ex-dividend date was Tuesday, September 8th. This is a positive change from Ocean Park High Income ETF’s previous monthly dividend of $0.1046. This represents a $1.36 dividend on an annualized basis and a yield of 5.8%.

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.