Ocean Park High Income ETF (NASDAQ:DUKH) Short Interest Update

Ocean Park High Income ETF (NASDAQ:DUKH) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 9,333 shares, an increase of 103.9% from the December 15th total of 4,578 shares. Currently, 2.3% of the shares of the company are sold short. Based on an average daily trading volume, of 3,307 shares, the short-interest ratio is currently 2.8 days. Based on an average daily trading volume, of 3,307 shares, the short-interest ratio is currently 2.8 days. Currently, 2.3% of the shares of the company are sold short.

Hedge Funds Weigh In On Ocean Park High Income ETF

An institutional investor recently bought a new position in Ocean Park High Income ETF stock. Jane Street Group LLC acquired a new stake in Ocean Park High Income ETF (NASDAQ:DUKH) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 20,302 shares of the company’s stock, valued at approximately $495,000. Jane Street Group LLC owned about 7.25% of Ocean Park High Income ETF at the end of the most recent reporting period.

Ocean Park High Income ETF Price Performance

Shares of DUKH opened at $24.56 on Thursday. The company’s fifty day moving average price is $24.40 and its 200-day moving average price is $24.44. Ocean Park High Income ETF has a 1-year low of $23.36 and a 1-year high of $25.29. The firm has a market capitalization of $9.83 million, a PE ratio of 15.68 and a beta of 0.30.

Ocean Park High Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, December 5th were paid a $0.2435 dividend. The ex-dividend date was Friday, December 5th. This is a positive change from Ocean Park High Income ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 11.9%.

Ocean Park High Income ETF Company Profile

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.