Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Sees Significant Increase in Short Interest

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 32,980 shares, an increase of 120.5% from the November 30th total of 14,960 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 45,387 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 45,387 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the company’s shares are short sold.

Angel Oak High Yield Opportunities ETF Stock Up 0.1%

NASDAQ AOHY opened at $11.19 on Friday. Angel Oak High Yield Opportunities ETF has a 52 week low of $10.52 and a 52 week high of $11.41. The firm has a market capitalization of $129.36 million, a price-to-earnings ratio of 2.33 and a beta of 0.22. The company has a fifty day moving average of $11.12 and a two-hundred day moving average of $11.14.

Angel Oak High Yield Opportunities ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 28th were paid a dividend of $0.0525 per share. This represents a c) annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend was Friday, November 28th.

Institutional Investors Weigh In On Angel Oak High Yield Opportunities ETF

Several hedge funds have recently made changes to their positions in AOHY. Farther Finance Advisors LLC bought a new stake in shares of Angel Oak High Yield Opportunities ETF in the 2nd quarter valued at about $35,000. PFG Investments LLC grew its stake in Angel Oak High Yield Opportunities ETF by 10.2% in the third quarter. PFG Investments LLC now owns 36,913 shares of the company’s stock valued at $413,000 after purchasing an additional 3,416 shares during the last quarter. OLD Mission Capital LLC lifted its position in shares of Angel Oak High Yield Opportunities ETF by 45.7% during the first quarter. OLD Mission Capital LLC now owns 16,673 shares of the company’s stock valued at $183,000 after buying an additional 5,233 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Angel Oak High Yield Opportunities ETF during the 2nd quarter worth approximately $62,000. Finally, IFP Advisors Inc lifted its position in Angel Oak High Yield Opportunities ETF by 26.7% during the second quarter. IFP Advisors Inc now owns 31,259 shares of the company’s stock valued at $348,000 after acquiring an additional 6,590 shares during the last quarter.

About Angel Oak High Yield Opportunities ETF

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.