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

Ocean Park High Income ETF (NASDAQ:DUKH) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 6,194 shares, an increase of 1,024.1% from the May 31st total of 551 shares. Approximately 1.4% of the shares of the company are sold short. Based on an average daily trading volume, of 16,237 shares, the short-interest ratio is presently 0.4 days.

Ocean Park High Income ETF Stock Performance

NASDAQ DUKH traded down $0.01 on Friday, reaching $23.93. The stock had a trading volume of 6,356 shares, compared to its average volume of 7,738. Ocean Park High Income ETF has a 12-month low of $23.68 and a 12-month high of $24.75. The business’s 50-day moving average price is $24.02 and its 200 day moving average price is $24.21. The stock has a market cap of $10.77 million, a P/E ratio of 15.68 and a beta of 0.23.

Ocean Park High Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, June 9th. Stockholders of record on Thursday, June 4th were issued a $0.1121 dividend. The ex-dividend date of this dividend was Thursday, June 4th.

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 Form 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 about 7.25% of Ocean Park High Income ETF as of its most recent filing with the SEC.

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.