Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Short Interest Update

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 33,300 shares, anincreaseof46.1% from the July 15th total of 22,800 shares. Approximately0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 43,100 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 43,100 shares, the short-interest ratio is presently 0.8 days. Approximately0.3% of the shares of the company are sold short.

Angel Oak High Yield Opportunities ETF Trading Down 0.1%

Shares of AOHY opened at $11.15 on Tuesday. The firm has a market cap of $121.42 million and a PE ratio of 2.33. The firm has a fifty day simple moving average of $11.12 and a two-hundred day simple moving average of $11.03. Angel Oak High Yield Opportunities ETF has a 1-year low of $10.52 and a 1-year high of $11.47.

Angel Oak High Yield Opportunities ETF Increases Dividend

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

Institutional Investors Weigh In On Angel Oak High Yield Opportunities ETF

A number of hedge funds have recently added to or reduced their stakes in AOHY. Envestnet Asset Management Inc. raised its stake in Angel Oak High Yield Opportunities ETF by 12.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 287,439 shares of the company’s stock valued at $3,165,000 after buying an additional 32,547 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in Angel Oak High Yield Opportunities ETF during the 4th quarter valued at $3,442,000. MML Investors Services LLC raised its stake in Angel Oak High Yield Opportunities ETF by 14.7% during the 4th quarter. MML Investors Services LLC now owns 220,279 shares of the company’s stock valued at $2,425,000 after buying an additional 28,177 shares during the last quarter. Jane Street Group LLC raised its stake in Angel Oak High Yield Opportunities ETF by 33.8% during the 4th quarter. Jane Street Group LLC now owns 47,817 shares of the company’s stock valued at $526,000 after buying an additional 12,089 shares during the last quarter. Finally, Cresset Asset Management LLC purchased a new stake in Angel Oak High Yield Opportunities ETF during the 4th quarter valued at $538,000.

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.