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

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 18,873 shares, an increase of 62.6% from the January 15th total of 11,607 shares. Based on an average daily volume of 48,367 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 48,367 shares, the days-to-cover ratio is presently 0.4 days.

Angel Oak High Yield Opportunities ETF Price Performance

NASDAQ:AOHY opened at $11.16 on Monday. The company has a market cap of $123.09 million, a P/E ratio of 2.33 and a beta of 0.22. The firm’s fifty day moving average price is $11.15 and its two-hundred day moving average price is $11.15. Angel Oak High Yield Opportunities ETF has a one year low of $10.52 and a one year high of $11.29.

Angel Oak High Yield Opportunities ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Friday, January 30th were issued a $0.0504 dividend. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Friday, January 30th.

Institutional Investors Weigh In On Angel Oak High Yield Opportunities ETF

A number of institutional investors have recently made changes to their positions in AOHY. Raymond James Financial Inc. acquired a new position in shares of Angel Oak High Yield Opportunities ETF in the second quarter valued at approximately $62,000. AE Wealth Management LLC grew its holdings in Angel Oak High Yield Opportunities ETF by 657.4% in the 3rd quarter. AE Wealth Management LLC now owns 10,353 shares of the company’s stock valued at $116,000 after buying an additional 8,986 shares in the last quarter. Ausdal Financial Partners Inc. acquired a new position in Angel Oak High Yield Opportunities ETF in the 3rd quarter valued at $122,000. Moloney Securities Asset Management LLC bought a new position in Angel Oak High Yield Opportunities ETF during the 2nd quarter worth $139,000. Finally, Kestra Advisory Services LLC bought a new position in Angel Oak High Yield Opportunities ETF during the 4th quarter worth $140,000.

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. AOHY was launched on Feb 20, 2024 and is issued by Angel Oak.