Short Interest in Ocean Park High Income ETF (NASDAQ:DUKH) Expands By 20,260.0%

Ocean Park High Income ETF (NASDAQ:DUKH) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 1,018 shares, an increase of 20,260.0% from the January 29th total of 5 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 4,879 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 4,879 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the shares of the stock are sold short.

Ocean Park High Income ETF Trading Up 0.0%

NASDAQ:DUKH opened at $24.54 on Thursday. Ocean Park High Income ETF has a 12-month low of $23.36 and a 12-month high of $25.24. The firm has a market cap of $9.82 million, a price-to-earnings ratio of 15.68 and a beta of 0.30. The company’s 50-day moving average is $24.50 and its two-hundred day moving average is $24.49.

Ocean Park High Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Thursday, February 5th were paid a dividend of $0.0952 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, February 5th.

Institutional Trading of Ocean Park High Income ETF

A hedge fund recently bought a new stake in Ocean Park High Income ETF stock. Wealth Enhancement Advisory Services LLC bought a new position in Ocean Park High Income ETF (NASDAQ:DUKH) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 25,975 shares of the company’s stock, valued at approximately $636,000. Wealth Enhancement Advisory Services LLC owned about 8.66% of Ocean Park High Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.