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

Ocean Park High Income ETF (NASDAQ:DUKH) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 551 shares, a growth of ∞ from the May 14th total of 0 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 4,532 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

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

Ocean Park High Income ETF Price Performance

NASDAQ:DUKH traded up $0.02 during mid-day trading on Friday, reaching $23.97. The stock had a trading volume of 2,750 shares, compared to its average volume of 7,959. The stock has a 50-day simple moving average of $24.02 and a two-hundred day simple moving average of $24.24. The stock has a market capitalization of $10.79 million, a PE ratio of 15.68 and a beta of 0.23. Ocean Park High Income ETF has a 12 month low of $23.68 and a 12 month high of $24.75.

Ocean Park High Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, June 9th. Investors of record on Thursday, June 4th were paid a $0.1121 dividend. The ex-dividend date of this dividend was Thursday, June 4th.

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.