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 growth in short interest in February. As of February 27th, there was short interest totaling 22,627 shares, a growth of 207.2% from the February 12th total of 7,365 shares. Based on an average daily volume of 44,363 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 44,363 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Angel Oak High Yield Opportunities ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in AOHY. Raymond James Financial Inc. bought a new position in shares of Angel Oak High Yield Opportunities ETF during the second quarter valued at $62,000. AE Wealth Management LLC increased its holdings in Angel Oak High Yield Opportunities ETF by 657.4% in the third quarter. AE Wealth Management LLC now owns 10,353 shares of the company’s stock valued at $116,000 after purchasing an additional 8,986 shares during the period. Ausdal Financial Partners Inc. acquired a new stake in Angel Oak High Yield Opportunities ETF in the third quarter valued at $122,000. Kestra Advisory Services LLC bought a new position in Angel Oak High Yield Opportunities ETF during the 4th quarter worth $140,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in Angel Oak High Yield Opportunities ETF during the 3rd quarter worth $164,000.

Angel Oak High Yield Opportunities ETF Trading Up 0.1%

NASDAQ:AOHY opened at $11.09 on Wednesday. The stock’s 50-day moving average is $11.16 and its 200-day moving average is $11.15. Angel Oak High Yield Opportunities ETF has a 1-year low of $10.52 and a 1-year high of $11.29. The stock has a market cap of $122.32 million, a P/E ratio of 2.33 and a beta of 0.22.

Angel Oak High Yield Opportunities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were given a dividend of $0.0514 per share. The ex-dividend date was Friday, February 27th. This represents a c) annualized dividend and a yield of 5.6%. This is a boost from Angel Oak High Yield Opportunities ETF’s previous monthly dividend of $0.05.

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.