Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Short Interest Down 37.8% in July

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 17,589 shares, a decrease of 37.8% from the June 30th total of 28,281 shares. Based on an average daily volume of 43,096 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On Angel Oak High Yield Opportunities ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Arkadios Wealth Advisors boosted its holdings in Angel Oak High Yield Opportunities ETF by 12.3% during the first quarter. Arkadios Wealth Advisors now owns 3,857,687 shares of the company’s stock worth $42,165,000 after buying an additional 422,647 shares during the last quarter. UBS Group AG increased its stake in shares of Angel Oak High Yield Opportunities ETF by 24.9% in the 4th quarter. UBS Group AG now owns 423,291 shares of the company’s stock valued at $4,699,000 after acquiring an additional 84,347 shares during the last quarter. Fifth Third Securities Inc. increased its stake in shares of Angel Oak High Yield Opportunities ETF by 3.0% in the 4th quarter. Fifth Third Securities Inc. now owns 55,753 shares of the company’s stock valued at $619,000 after acquiring an additional 1,641 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of Angel Oak High Yield Opportunities ETF by 793.1% in the 3rd quarter. Raymond James Financial Inc. now owns 49,900 shares of the company’s stock valued at $559,000 after acquiring an additional 44,313 shares during the period. Finally, Ausdal Financial Partners Inc. raised its position in shares of Angel Oak High Yield Opportunities ETF by 10.7% in the 4th quarter. Ausdal Financial Partners Inc. now owns 12,103 shares of the company’s stock valued at $134,000 after acquiring an additional 1,168 shares during the period.

Angel Oak High Yield Opportunities ETF Stock Down 0.1%

NASDAQ AOHY traded down $0.01 during trading hours on Thursday, hitting $11.02. The company’s stock had a trading volume of 742 shares, compared to its average volume of 56,027. Angel Oak High Yield Opportunities ETF has a twelve month low of $10.86 and a twelve month high of $11.29. The firm has a market capitalization of $123.75 million, a P/E ratio of 2.33 and a beta of 0.19. The stock has a fifty day moving average of $11.05 and a 200 day moving average of $11.08.

Angel Oak High Yield Opportunities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were given a $0.0641 dividend. The ex-dividend date was Tuesday, June 30th. This is an increase from Angel Oak High Yield Opportunities ETF’s previous dividend of $0.06.

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.