Angel Oak Income ETF (NASDAQ:CARY – Get Free Report) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 66,634 shares, a decrease of 65.4% from the July 15th total of 192,766 shares. Based on an average daily volume of 304,522 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Hantz Financial Services Inc. purchased a new stake in shares of Angel Oak Income ETF in the 4th quarter valued at approximately $30,000. Bank of America Corp DE purchased a new stake in shares of Angel Oak Income ETF during the 2nd quarter worth $38,000. Lloyd Advisory Services LLC. acquired a new position in shares of Angel Oak Income ETF during the fourth quarter worth $118,000. Comerica Bank grew its stake in shares of Angel Oak Income ETF by 12.2% during the third quarter. Comerica Bank now owns 9,235 shares of the company’s stock worth $193,000 after purchasing an additional 1,007 shares in the last quarter. Finally, Commonwealth Equity Services LLC purchased a new position in Angel Oak Income ETF in the fourth quarter valued at $204,000.
Angel Oak Income ETF Stock Performance
Shares of CARY traded down $0.02 during midday trading on Friday, hitting $20.71. The company had a trading volume of 194,939 shares, compared to its average volume of 412,778. The company’s 50-day simple moving average is $20.76 and its 200-day simple moving average is $20.84. Angel Oak Income ETF has a 1 year low of $20.58 and a 1 year high of $21.55.
Angel Oak Income ETF Cuts Dividend
Angel Oak Income ETF Company Profile
The Angel Oak Income ETF (CARY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that aims for current income by broadly investing in USD-denominated fixed income securities with a tilt towards structured products and residential mortgage. Securities could be of any credit quality or maturity. CARY was launched on Nov 7, 2022 and is issued by Angel Oak.
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