Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Short Interest Down 37.8% in July

by · The Markets Daily

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY – Get Free Report) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 17,589 shares, a decline of 37.8% from the June 30th total of 28,281 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 43,096 shares, the days-to-cover ratio is currently 0.4 days.

Angel Oak High Yield Opportunities ETF Price Performance

AOHY opened at $10.97 on Friday. The stock has a market cap of $123.19 million, a P/E ratio of 2.33 and a beta of 0.19. The stock’s 50 day simple moving average is $11.04 and its 200 day simple moving average is $11.07. Angel Oak High Yield Opportunities ETF has a 1-year low of $10.86 and a 1-year high of $11.29.

Angel Oak High Yield Opportunities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 31st will be issued a dividend of $0.0624 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) annualized dividend and a yield of 6.8%.

Institutional Trading of Angel Oak High Yield Opportunities ETF

Several large investors have recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of Angel Oak High Yield Opportunities ETF in the second quarter valued at $62,000. Ausdal Financial Partners Inc. purchased a new stake in shares of Angel Oak High Yield Opportunities ETF in the 3rd quarter worth about $122,000. Kestra Advisory Services LLC purchased a new stake in shares of Angel Oak High Yield Opportunities ETF in the 4th quarter worth about $140,000. Royal Bank of Canada grew its stake in Angel Oak High Yield Opportunities ETF by 588.5% in the 1st quarter. Royal Bank of Canada now owns 12,910 shares of the company’s stock valued at $141,000 after acquiring an additional 11,035 shares during the last quarter. Finally, Worth Asset Management LLC acquired a new stake in Angel Oak High Yield Opportunities ETF in the 2nd quarter valued at about $227,000.

Angel Oak High Yield Opportunities ETF Company Profile

(Get Free Report)

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.

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