Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Short Interest Up 120.5% in April

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 50,212 shares, an increase of 120.5% from the April 15th total of 22,772 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 50,273 shares, the days-to-cover ratio is presently 1.0 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. Arkadios Wealth Advisors raised its position in Angel Oak High Yield Opportunities ETF by 38.5% in the third quarter. Arkadios Wealth Advisors now owns 2,973,660 shares of the company’s stock valued at $33,305,000 after purchasing an additional 827,302 shares during the period. Envestnet Asset Management Inc. raised its position in Angel Oak High Yield Opportunities ETF by 17.7% in the third quarter. Envestnet Asset Management Inc. now owns 312,145 shares of the company’s stock valued at $3,496,000 after purchasing an additional 46,971 shares during the period. PFG Investments LLC raised its position in Angel Oak High Yield Opportunities ETF by 10.2% in the third quarter. PFG Investments LLC now owns 36,913 shares of the company’s stock valued at $413,000 after purchasing an additional 3,416 shares during the period. AE Wealth Management LLC raised its position in Angel Oak High Yield Opportunities ETF by 657.4% in the third quarter. AE Wealth Management LLC now owns 10,353 shares of the company’s stock valued at $116,000 after purchasing an additional 8,986 shares during the period. Finally, MML Investors Services LLC raised its position in Angel Oak High Yield Opportunities ETF by 12.6% in the fourth quarter. MML Investors Services LLC now owns 243,110 shares of the company’s stock valued at $2,699,000 after purchasing an additional 27,119 shares during the period.

Angel Oak High Yield Opportunities ETF Stock Performance

AOHY stock opened at $11.02 on Friday. The firm has a market cap of $120.23 million, a PE ratio of 2.33 and a beta of 0.19. The firm’s 50 day moving average price is $11.04 and its 200-day moving average price is $11.10. Angel Oak High Yield Opportunities ETF has a one year low of $10.86 and a one year high of $11.29.

Angel Oak High Yield Opportunities ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, May 1st. Shareholders of record on Thursday, April 30th were given a $0.0621 dividend. The ex-dividend date of this dividend was Thursday, April 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.