Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Short Interest Update

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 130,079 shares, an increase of 75.8% from the August 15th total of 73,992 shares. Based on an average trading volume of 53,370 shares, the days-to-cover ratio is currently 2.4 days. Approximately 1.2% of the shares of the stock are short sold.

Institutional Trading of Angel Oak High Yield Opportunities ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Breakwater Capital Group purchased a new position in shares of Angel Oak High Yield Opportunities ETF during the 2nd quarter valued at approximately $1,235,000. Arkadios Wealth Advisors increased its holdings in Angel Oak High Yield Opportunities ETF by 12.3% in the 1st quarter. Arkadios Wealth Advisors now owns 3,857,687 shares of the company’s stock worth $42,165,000 after acquiring an additional 422,647 shares in the last quarter. UBS Group AG increased its holdings in Angel Oak High Yield Opportunities ETF by 24.9% in the 4th quarter. UBS Group AG now owns 423,291 shares of the company’s stock worth $4,699,000 after acquiring an additional 84,347 shares in the last quarter. IFP Advisors Inc raised its position in Angel Oak High Yield Opportunities ETF by 21.3% during the second quarter. IFP Advisors Inc now owns 65,361 shares of the company’s stock worth $719,000 after acquiring an additional 11,499 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Angel Oak High Yield Opportunities ETF during the second quarter valued at $476,000.

Angel Oak High Yield Opportunities ETF Stock Up 0.1%

NASDAQ:AOHY opened at $10.92 on Thursday. Angel Oak High Yield Opportunities ETF has a 52 week low of $10.85 and a 52 week high of $11.29. The stock has a market capitalization of $1.20 trillion, a PE ratio of 2.33 and a beta of 0.19. The stock’s 50-day moving average price is $11.02 and its 200-day moving average price is $11.04.

Angel Oak High Yield Opportunities ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 31st were given a dividend of $0.0594 per share. The ex-dividend date was Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 6.5%.

About Angel Oak High Yield Opportunities ETF

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.