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

Ocean Park High Income ETF (NASDAQ:DUKH) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 17,083 shares, an increase of 256.6% from the June 30th total of 4,790 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 20,382 shares, the days-to-cover ratio is currently 0.8 days.

Ocean Park High Income ETF Stock Up 0.0%

Shares of NASDAQ:DUKH traded up $0.01 during trading on Friday, hitting $23.73. 18,744 shares of the company were exchanged, compared to its average volume of 8,509. Ocean Park High Income ETF has a 1-year low of $23.68 and a 1-year high of $24.75. The company has a market capitalization of $24.44 million, a P/E ratio of 15.68 and a beta of 0.23. The business’s 50 day moving average is $23.94 and its 200-day moving average is $24.15.

Ocean Park High Income ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 13th. Stockholders of record on Tuesday, July 7th were issued a dividend of $0.1018 per share. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date was Tuesday, July 7th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Ocean Park High Income ETF stock. Jane Street Group LLC bought a new position in shares of Ocean Park High Income ETF (NASDAQ:DUKH) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 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 at the end of the most recent reporting period.

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.