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

by · The Markets Daily

Ocean Park High Income ETF (NASDAQ:DUKH – Get Free Report) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 17,083 shares, an increase of 256.6% from the June 30th total of 4,790 shares. Approximately 1.7% of the company’s shares are sold short. Based on an average daily volume of 20,382 shares, the short-interest ratio is currently 0.8 days.

Ocean Park High Income ETF Trading Up 0.0%

Shares of DUKH traded up $0.01 during mid-day trading on Monday, reaching $23.73. The company had a trading volume of 498 shares, compared to its average volume of 8,452. The stock has a market cap of $24.44 million, a price-to-earnings ratio of 15.68 and a beta of 0.23. The firm has a fifty day simple moving average of $23.94 and a 200-day simple moving average of $24.14. Ocean Park High Income ETF has a fifty-two week low of $23.68 and a fifty-two week high of $24.75.

Ocean Park High Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, July 13th. Stockholders of record on Tuesday, July 7th were issued a dividend of $0.1018 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Tuesday, July 7th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Ocean Park High Income ETF stock. Wealth Enhancement Advisory Services LLC raised its position in shares of Ocean Park High Income ETF (NASDAQ:DUKH – Free Report) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,655 shares of the company’s stock after acquiring an additional 680 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 6.66% of Ocean Park High Income ETF worth $653,000 at the end of the most recent reporting period.

About Ocean Park High Income ETF

(Get Free Report)

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.

Featured Stories