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

Ocean Park High Income ETF (NASDAQ:DUKHGet Free Report) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 6,495 shares, a growth of 79.0% from the July 30th total of 3,628 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 7,536 shares, the short-interest ratio is currently 0.9 days.

Ocean Park High Income ETF Trading Up 0.1%

Shares of Ocean Park High Income ETF stock traded up $0.03 during trading on Monday, reaching $23.84. The company’s stock had a trading volume of 7,798 shares, compared to its average volume of 7,884. The stock has a 50-day moving average price of $23.85 and a two-hundred day moving average price of $24.01. The stock has a market capitalization of $24.56 million, a P/E ratio of 15.68 and a beta of 0.23. Ocean Park High Income ETF has a one year low of $23.68 and a one year high of $24.75.

Ocean Park High Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, August 10th. Shareholders of record on Wednesday, August 5th were paid a $0.1046 dividend. The ex-dividend date of this dividend was Wednesday, August 5th.

Institutional Trading of Ocean Park High Income ETF

An institutional investor recently bought a new position in Ocean Park High Income ETF stock. Jane Street Group LLC acquired a new position in Ocean Park High Income ETF (NASDAQ:DUKHFree Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund 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 at the end of the most recent reporting period.

Ocean Park High Income ETF Company Profile

(Get Free Report)

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.

Further Reading

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