Angel Oak Income ETF (NASDAQ:CARY) Stock Short Interest Report for September

Angel Oak Income ETF (NASDAQ:CARY) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 101,489 shares, an increase of 274.9% from the September 15th total of 27,070 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 487,155 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Angel Oak Income ETF

Large investors have recently bought and sold shares of the stock. Everest Financial Group LLC bought a new stake in Angel Oak Income ETF in the first quarter valued at $255,000. Ameritas Advisory Services LLC acquired a new position in shares of Angel Oak Income ETF during the second quarter valued at about $288,000. First Heartland Consultants Inc. acquired a new position in shares of Angel Oak Income ETF during the third quarter valued at about $320,000. Fifth Third Bancorp acquired a new position in shares of Angel Oak Income ETF during the first quarter valued at about $429,000. Finally, Vista Investment Partners LLC boosted its position in shares of Angel Oak Income ETF by 10.1% during the 2nd quarter. Vista Investment Partners LLC now owns 21,291 shares of the company’s stock worth $442,000 after purchasing an additional 1,956 shares in the last quarter.

Angel Oak Income ETF Price Performance

Shares of NASDAQ:CARY remained flat at $20.17 during mid-day trading on Friday. 329,295 shares of the stock traded hands, compared to its average volume of 419,990. The company has a 50 day moving average of $20.51 and a two-hundred day moving average of $20.70. Angel Oak Income ETF has a 12 month low of $20.07 and a 12 month high of $21.55.

Angel Oak Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were paid a dividend of $0.1025 per share. This is a boost from Angel Oak Income ETF’s previous monthly dividend of $0.0931. This represents a $1.23 annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend was Wednesday, September 30th.

Angel Oak Income ETF Company Profile

The Angel Oak Income ETF (CARY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that aims for current income by broadly investing in USD-denominated fixed income securities with a tilt towards structured products and residential mortgage. Securities could be of any credit quality or maturity. CARY was launched on Nov 7, 2022 and is issued by Angel Oak.