Ocean Park High Income ETF (NASDAQ:DUKH) Sees Significant Increase in Short Interest

Ocean Park High Income ETF (NASDAQ:DUKH) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 1,018 shares, an increase of 20,260.0% from the January 29th total of 5 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 4,879 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 4,879 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Trading of Ocean Park High Income ETF

An institutional investor recently bought a new position in Ocean Park High Income ETF stock. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Ocean Park High Income ETF (NASDAQ:DUKH) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 25,975 shares of the company’s stock, valued at approximately $636,000. Wealth Enhancement Advisory Services LLC owned approximately 8.66% of Ocean Park High Income ETF as of its most recent SEC filing.

Ocean Park High Income ETF Price Performance

Shares of NASDAQ DUKH opened at $24.53 on Friday. The stock has a fifty day moving average price of $24.50 and a 200 day moving average price of $24.49. Ocean Park High Income ETF has a 1-year low of $23.36 and a 1-year high of $25.24. The company has a market cap of $9.81 million, a PE ratio of 15.68 and a beta of 0.30.

Ocean Park High Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Thursday, February 5th were given a dividend of $0.0952 per share. The ex-dividend date was Thursday, February 5th. This represents a c) dividend on an annualized basis and a yield of 4.7%.

Ocean Park High Income ETF Company Profile

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.