Short Interest in Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Grows By 207.2%

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 22,627 shares, an increase of 207.2% from the February 12th total of 7,365 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 44,363 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 44,363 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are short sold.

Angel Oak High Yield Opportunities ETF Price Performance

Shares of AOHY opened at $10.99 on Friday. The stock has a market capitalization of $121.22 million, a PE ratio of 2.33 and a beta of 0.22. The business’s fifty day moving average price is $11.15 and its 200 day moving average price is $11.15. Angel Oak High Yield Opportunities ETF has a 12-month low of $10.52 and a 12-month high of $11.29.

Angel Oak High Yield Opportunities ETF Increases Dividend

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of AOHY. Raymond James Financial Inc. bought a new stake in shares of Angel Oak High Yield Opportunities ETF during the 2nd quarter valued at about $62,000. AE Wealth Management LLC lifted 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 worth $116,000 after acquiring an additional 8,986 shares during the last quarter. Ausdal Financial Partners Inc. acquired a new position in Angel Oak High Yield Opportunities ETF in the third quarter valued at approximately $122,000. Kestra Advisory Services LLC bought a new position in shares of Angel Oak High Yield Opportunities ETF during the fourth quarter valued at approximately $140,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in shares of Angel Oak High Yield Opportunities ETF during the third quarter valued at approximately $164,000.

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.