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

Ocean Park High Income ETF (NASDAQ:DUKHGet Free Report) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 6,495 shares, an increase of 79.0% from the July 30th total of 3,628 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 7,536 shares, the short-interest ratio is currently 0.9 days.

Hedge Funds Weigh In On Ocean Park High Income ETF

A hedge fund recently bought a new position in Ocean Park High Income ETF stock. Jane Street Group LLC bought a new position in shares of Ocean Park High Income ETF (NASDAQ:DUKHFree Report) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 20,302 shares of the company’s stock, valued at approximately $495,000. Jane Street Group LLC owned 7.25% of Ocean Park High Income ETF as of its most recent filing with the SEC.

Ocean Park High Income ETF Stock Performance

Shares of DUKH traded down $0.04 during trading hours on Friday, hitting $23.81. The stock had a trading volume of 4,138 shares, compared to its average volume of 7,885. Ocean Park High Income ETF has a 12-month low of $23.68 and a 12-month high of $24.75. The firm has a market cap of $24.52 million, a P/E ratio of 15.68 and a beta of 0.23. The company’s fifty day simple moving average is $23.85 and its 200 day simple moving average is $24.02.

Ocean Park High Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, August 10th. Shareholders of record on Wednesday, August 5th were paid a dividend of $0.1046 per share. The ex-dividend date was Wednesday, August 5th.

Ocean Park High Income ETF Company Profile

(Get Free Report)

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.

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