Ocean Park High Income ETF (NASDAQ:DUKH) Short Interest Update

Ocean Park High Income ETF (NASDAQ:DUKH) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 3,943 shares, an increase of 287.3% from the February 12th total of 1,018 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average trading volume of 3,095 shares, the short-interest ratio is presently 1.3 days. Based on an average trading volume of 3,095 shares, the short-interest ratio is presently 1.3 days. Approximately 1.0% of the shares of the stock are short sold.

Ocean Park High Income ETF Price Performance

DUKH stock traded down $0.05 during trading on Friday, reaching $23.93. The company had a trading volume of 1,978 shares, compared to its average volume of 4,725. Ocean Park High Income ETF has a 52 week low of $23.36 and a 52 week high of $24.95. The business has a 50 day moving average of $24.48 and a 200 day moving average of $24.48. The company has a market cap of $9.57 million, a P/E ratio of 15.68 and a beta of 0.30.

Ocean Park High Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, March 5th were issued a dividend of $0.0886 per share. The ex-dividend date was Thursday, March 5th. This represents a c) annualized dividend and a dividend yield of 4.4%.

Institutional Trading of Ocean Park High Income ETF

A hedge fund recently raised its stake in Ocean Park High Income ETF stock. Wealth Enhancement Advisory Services LLC increased its holdings in Ocean Park High Income ETF (NASDAQ:DUKH) by 2.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,655 shares of the company’s stock after buying an additional 680 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 6.66% of Ocean Park High Income ETF worth $653,000 at the end of the most recent reporting period.

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.