Ocean Park High Income ETF (NASDAQ:DUKH) Short Interest Up 79.0% in August

Ocean Park High Income ETF (NASDAQ:DUKH) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 6,495 shares, an increase of 79.0% from the July 30th total of 3,628 shares. Based on an average daily volume of 7,536 shares, the short-interest ratio is presently 0.9 days. Currently, 0.6% of the company’s shares are short sold.

Ocean Park High Income ETF Price Performance

Shares of NASDAQ:DUKH traded down $0.09 on Tuesday, hitting $23.75. 1,149 shares of the company’s stock were exchanged, compared to its average volume of 7,843. The stock has a market capitalization of $24.46 million, a price-to-earnings ratio of 15.68 and a beta of 0.23. Ocean Park High Income ETF has a 12 month low of $23.66 and a 12 month high of $24.75. The business’s 50 day simple moving average is $23.84 and its two-hundred day simple moving average is $24.01.

Ocean Park High Income ETF Cuts Dividend

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

Institutional Trading of Ocean Park High Income ETF

An institutional investor 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 its most recent 13F filing with the SEC. The firm acquired 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 as of its most recent SEC filing.

Ocean Park High Income ETF Company Profile

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.