Ocean Park High Income ETF (NASDAQ:DUKH) Sees Significant Decrease in Short Interest

Ocean Park High Income ETF (NASDAQ:DUKH) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 2,683 shares, a decrease of 63.4% from the August 31st total of 7,336 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 8,068 shares, the days-to-cover ratio is currently 0.3 days.

Ocean Park High Income ETF Price Performance

Shares of NASDAQ DUKH traded down $0.03 during midday trading on Tuesday, hitting $23.22. 849 shares of the company’s stock were exchanged, compared to its average volume of 7,646. Ocean Park High Income ETF has a twelve month low of $23.20 and a twelve month high of $24.75. The firm has a market cap of $22.99 million, a P/E ratio of 15.68 and a beta of 0.23. The stock’s 50 day moving average price is $23.70 and its 200-day moving average price is $23.88.

Ocean Park High Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, September 14th. Investors of record on Tuesday, September 8th were paid a dividend of $0.1137 per share. This is an increase from Ocean Park High Income ETF’s previous monthly dividend of $0.1046. This represents a $1.36 annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend was Tuesday, September 8th.

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.