Short Interest in Ocean Park Diversified Income ETF (NYSEARCA:DUKZ) Declines By 43.2%

Ocean Park Diversified Income ETF (NYSEARCA:DUKZ) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 3,148 shares, a decrease of 43.2% from the January 29th total of 5,538 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 5,919 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 5,919 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the company’s shares are sold short.

Ocean Park Diversified Income ETF Stock Down 0.1%

Shares of NYSEARCA DUKZ traded down $0.03 during trading on Friday, hitting $25.65. 4,217 shares of the company were exchanged, compared to its average volume of 6,334. The company has a fifty day moving average price of $25.50 and a 200-day moving average price of $25.45. Ocean Park Diversified Income ETF has a 12-month low of $24.09 and a 12-month high of $25.84.

Ocean Park Diversified Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Thursday, February 5th were issued a dividend of $0.0763 per share. The ex-dividend date was Thursday, February 5th. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. This is a boost from Ocean Park Diversified Income ETF’s previous monthly dividend of $0.03.

Ocean Park Diversified Income ETF Company Profile

The Ocean Park Diversified Income ETF (DUKZ) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that tactically allocates assets across various fixed income ETFs that are unconstrained by credit quality, maturity, or geography. The fund seeks to provide total return while mitigating downside risk DUKZ was launched on Jul 10, 2024 and is issued by Ocean Park.