Short Interest in Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Grows By 109.2%

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 22,800 shares, anincreaseof109.2% from the June 30th total of 10,900 shares. Based on an average daily trading volume, of 43,200 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 43,200 shares, the short-interest ratio is currently 0.5 days.

Angel Oak High Yield Opportunities ETF Trading Up 0.2%

Shares of AOHY opened at $11.11 on Tuesday. The firm has a market cap of $120.99 million and a P/E ratio of 2.33. Angel Oak High Yield Opportunities ETF has a 12-month low of $10.52 and a 12-month high of $11.47. The company’s 50-day moving average price is $11.09 and its 200 day moving average price is $11.03.

Angel Oak High Yield Opportunities ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, August 1st. Investors of record on Thursday, July 31st were issued a $0.0659 dividend. This is an increase from Angel Oak High Yield Opportunities ETF’s previous dividend of $0.06. The ex-dividend date was Thursday, July 31st.

Institutional Trading of Angel Oak High Yield Opportunities ETF

Several institutional investors and hedge funds have recently bought and sold shares of AOHY. OLD Mission Capital LLC purchased a new stake in Angel Oak High Yield Opportunities ETF in the 4th quarter valued at about $126,000. Envestnet Asset Management Inc. increased its stake in Angel Oak High Yield Opportunities ETF by 12.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 287,439 shares of the company’s stock worth $3,165,000 after purchasing an additional 32,547 shares during the period. NewEdge Advisors LLC purchased a new stake in Angel Oak High Yield Opportunities ETF during the fourth quarter worth about $3,442,000. MML Investors Services LLC increased its stake in Angel Oak High Yield Opportunities ETF by 14.7% during the fourth quarter. MML Investors Services LLC now owns 220,279 shares of the company’s stock worth $2,425,000 after purchasing an additional 28,177 shares during the period. Finally, Jane Street Group LLC increased its stake in Angel Oak High Yield Opportunities ETF by 33.8% during the fourth quarter. Jane Street Group LLC now owns 47,817 shares of the company’s stock worth $526,000 after purchasing an additional 12,089 shares during the period.

Angel Oak High Yield Opportunities ETF Company Profile

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.