Ocean Park High Income ETF (NASDAQ:DUKH) Short Interest Update

Ocean Park High Income ETF (NASDAQ:DUKH) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 3,628 shares, a decrease of 78.8% from the July 15th total of 17,083 shares. Based on an average daily trading volume, of 4,416 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.4% of the company’s stock are short sold.

Ocean Park High Income ETF Stock Performance

Shares of Ocean Park High Income ETF stock opened at $23.85 on Friday. Ocean Park High Income ETF has a 52 week low of $23.68 and a 52 week high of $24.75. The stock has a 50 day moving average price of $23.88 and a two-hundred day moving average price of $24.07. The stock has a market capitalization of $24.57 million, a PE ratio of 15.68 and a beta of 0.23.

Ocean Park High Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, August 10th. Investors of record on Wednesday, August 5th were issued a $0.1046 dividend. The ex-dividend date was Wednesday, August 5th.

Institutional Trading of Ocean Park High Income ETF

A hedge fund recently bought a new stake in Ocean Park High Income ETF stock. Jane Street Group LLC acquired a new position in shares of Ocean Park High Income ETF (NASDAQ:DUKH) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,302 shares of the company’s stock, valued at approximately $495,000. Jane Street Group LLC owned about 7.25% of Ocean Park High Income ETF at the end of the most recent quarter.

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.