Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) Short Interest Update

Posted by James Quigley on Nov 16th, 2024

Angel Oak Financial Strategies Income Term Trust (NYSE:FINS – Get Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 8,500 shares, a growth of 44.1% from the October 15th total of 5,900 shares. Based on an average trading volume of 58,700 shares, the short-interest ratio is presently 0.1 days.

Angel Oak Financial Strategies Income Term Trust Price Performance

Angel Oak Financial Strategies Income Term Trust stock traded down $0.03 on Friday, reaching $12.63. The company’s stock had a trading volume of 209,725 shares, compared to its average volume of 55,377. The business’s fifty day moving average price is $13.08 and its 200 day moving average price is $12.72. Angel Oak Financial Strategies Income Term Trust has a twelve month low of $11.71 and a twelve month high of $13.30.

Angel Oak Financial Strategies Income Term Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.109 dividend. This represents a $1.31 dividend on an annualized basis and a yield of 10.36%. The ex-dividend date is Friday, November 15th.

Hedge Funds Weigh In On Angel Oak Financial Strategies Income Term Trust

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Dakota Wealth Management boosted its stake in Angel Oak Financial Strategies Income Term Trust by 1.3% in the second quarter. Dakota Wealth Management now owns 62,600 shares of the company’s stock worth $774,000 after purchasing an additional 825 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its stake in shares of Angel Oak Financial Strategies Income Term Trust by 2.8% during the second quarter. Nations Financial Group Inc. IA ADV now owns 514,834 shares of the company’s stock valued at $6,368,000 after acquiring an additional 14,039 shares during the period. Shaker Financial Services LLC lifted its stake in shares of Angel Oak Financial Strategies Income Term Trust by 17.5% during the third quarter. Shaker Financial Services LLC now owns 98,803 shares of the company’s stock valued at $1,306,000 after acquiring an additional 14,732 shares during the period. Stifel Financial Corp lifted its stake in shares of Angel Oak Financial Strategies Income Term Trust by 10.8% during the third quarter. Stifel Financial Corp now owns 255,413 shares of the company’s stock valued at $3,377,000 after acquiring an additional 24,981 shares during the period. Finally, HighTower Advisors LLC acquired a new position in shares of Angel Oak Financial Strategies Income Term Trust during the third quarter valued at $405,000.