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

Ocean Park High Income ETF (NASDAQ:DUKH) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 1,924 shares, a decrease of 79.4% from the December 31st total of 9,333 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average trading volume of 2,658 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 2,658 shares, the short-interest ratio is currently 0.7 days. Approximately 0.5% of the company’s shares are short sold.

Ocean Park High Income ETF Price Performance

Shares of Ocean Park High Income ETF stock traded down $0.03 on Wednesday, reaching $24.59. 271 shares of the company traded hands, compared to its average volume of 3,043. The firm has a market capitalization of $10.08 million, a PE ratio of 15.68 and a beta of 0.30. Ocean Park High Income ETF has a 52 week low of $23.36 and a 52 week high of $25.29. The company has a 50 day moving average of $24.44 and a 200 day moving average of $24.46.

Ocean Park High Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, December 5th were paid a $0.2435 dividend. The ex-dividend date of this dividend was Friday, December 5th. This is a positive change from Ocean Park High Income ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 11.9%.

Institutional Investors Weigh In On Ocean Park High Income ETF

An institutional investor recently bought a new position in Ocean Park High Income ETF stock. Jane Street Group LLC bought a new stake in Ocean Park High Income ETF (NASDAQ:DUKH) during the 2nd quarter, according to the company in its most recent disclosure 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 about 7.25% of Ocean Park High Income ETF at the end of the most recent quarter.

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.