Short Interest in Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) Rises By 431.6%

Angel Oak Financial Strategies Income Term Trust (NYSE:FINSGet Free Report) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 10,100 shares, a growth of 431.6% from the January 15th total of 1,900 shares. Based on an average daily trading volume, of 79,400 shares, the short-interest ratio is currently 0.1 days.

Angel Oak Financial Strategies Income Term Trust Stock Up 0.5 %

Shares of FINS opened at $12.42 on Tuesday. Angel Oak Financial Strategies Income Term Trust has a twelve month low of $11.61 and a twelve month high of $13.18. The firm’s 50 day moving average price is $12.06 and its two-hundred day moving average price is $11.99.

Angel Oak Financial Strategies Income Term Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, February 29th. Investors of record on Thursday, February 15th will be given a $0.109 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.31 annualized dividend and a yield of 10.53%.

Hedge Funds Weigh In On Angel Oak Financial Strategies Income Term Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SFI Advisors LLC lifted its holdings in shares of Angel Oak Financial Strategies Income Term Trust by 38.7% in the third quarter. SFI Advisors LLC now owns 41,010 shares of the company’s stock valued at $494,000 after purchasing an additional 11,441 shares in the last quarter. Karpus Management Inc. raised its position in Angel Oak Financial Strategies Income Term Trust by 49.1% in the 2nd quarter. Karpus Management Inc. now owns 3,320,472 shares of the company’s stock valued at $39,215,000 after buying an additional 1,092,815 shares during the last quarter. Atlas Wealth LLC lifted its stake in Angel Oak Financial Strategies Income Term Trust by 7.1% in the 3rd quarter. Atlas Wealth LLC now owns 815,921 shares of the company’s stock valued at $9,824,000 after acquiring an additional 54,396 shares in the last quarter. Dakota Wealth Management boosted its position in Angel Oak Financial Strategies Income Term Trust by 10.7% during the 3rd quarter. Dakota Wealth Management now owns 46,925 shares of the company’s stock worth $565,000 after acquiring an additional 4,525 shares during the last quarter. Finally, Ignite Planners LLC bought a new position in shares of Angel Oak Financial Strategies Income Term Trust during the 3rd quarter worth approximately $349,000.

About Angel Oak Financial Strategies Income Term Trust

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