Short Interest in Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Rises By 120.5%

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 50,212 shares, a growth of 120.5% from the April 15th total of 22,772 shares. Based on an average daily trading volume, of 50,273 shares, the short-interest ratio is presently 1.0 days. Approximately 0.5% of the shares of the stock are short sold.

Angel Oak High Yield Opportunities ETF Price Performance

NASDAQ AOHY traded down $0.04 during trading hours on Friday, reaching $11.02. 22,909 shares of the stock traded hands, compared to its average volume of 64,518. The stock has a 50 day simple moving average of $11.04 and a two-hundred day simple moving average of $11.10. Angel Oak High Yield Opportunities ETF has a 1 year low of $10.86 and a 1 year high of $11.29. The company has a market cap of $120.23 million, a price-to-earnings ratio of 2.33 and a beta of 0.19.

Angel Oak High Yield Opportunities ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, May 1st. Stockholders of record on Thursday, April 30th were paid a dividend of $0.0621 per share. The ex-dividend date of this dividend was Thursday, April 30th.

Institutional Trading of Angel Oak High Yield Opportunities ETF

Large investors have recently modified their holdings of the business. Raymond James Financial Inc. bought a new stake in shares of Angel Oak High Yield Opportunities ETF in the second quarter worth about $62,000. AE Wealth Management LLC grew its stake in shares of Angel Oak High Yield Opportunities ETF by 657.4% in the third quarter. AE Wealth Management LLC now owns 10,353 shares of the company’s stock worth $116,000 after purchasing an additional 8,986 shares during the last quarter. Ausdal Financial Partners Inc. bought a new stake in shares of Angel Oak High Yield Opportunities ETF in the third quarter worth about $122,000. Kestra Advisory Services LLC bought a new stake in shares of Angel Oak High Yield Opportunities ETF in the fourth quarter worth about $140,000. Finally, Avantax Planning Partners Inc. bought a new stake in Angel Oak High Yield Opportunities ETF during the 1st quarter valued at approximately $244,000.

About Angel Oak High Yield Opportunities ETF

The Angel Oak High Yield Opportunities ETF (AOHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to high-yield fixed-income securities, globally. The fund seeks a high level of current income, and to a lesser extent, capital appreciation. AOHY was launched on Feb 20, 2024 and is issued by Angel Oak.