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

Ocean Park High Income ETF (NASDAQ:DUKH) was the recipient of a large decrease in short interest in October. As of October 30th, there was short interest totaling 86 shares, a decrease of 87.5% from the October 15th total of 687 shares. Based on an average trading volume of 4,633 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Ocean Park High Income ETF stock. VestGen Advisors LLC raised its position in shares of Ocean Park High Income ETF (NASDAQ:DUKH) by 5.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 370,984 shares of the company’s stock after purchasing an additional 18,627 shares during the quarter. VestGen Advisors LLC owned 38.64% of Ocean Park High Income ETF worth $8,603,000 at the end of the most recent quarter.

Ocean Park High Income ETF Stock Down 0.0%

Shares of NASDAQ:DUKH opened at $23.14 on Wednesday. The firm has a market capitalization of $21.98 million, a PE ratio of 15.68 and a beta of 0.24. The company has a 50-day moving average price of $23.33 and a two-hundred day moving average price of $23.87. Ocean Park High Income ETF has a twelve month low of $23.05 and a twelve month high of $24.74.

Ocean Park High Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 10th. Shareholders of record on Thursday, November 5th were given a $0.0995 dividend. The ex-dividend date was Thursday, November 5th. This is an increase from Ocean Park High Income ETF’s previous monthly dividend of $0.0320. This represents a $1.19 annualized dividend and a yield of 5.2%.

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.