Ocean Park High Income ETF (NASDAQ:DUKH) Stock Short Interest Report for October

Ocean Park High Income ETF (NASDAQ:DUKH) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 687 shares, a decline of 62.0% from the September 30th total of 1,806 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 2,551 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Ocean Park High Income ETF stock. VestGen Advisors LLC raised its holdings in Ocean Park High Income ETF (NASDAQ:DUKH) by 5.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 370,984 shares of the company’s stock after acquiring an additional 18,627 shares during the period. VestGen Advisors LLC owned about 38.64% of Ocean Park High Income ETF worth $8,603,000 as of its most recent filing with the Securities and Exchange Commission.

Ocean Park High Income ETF Price Performance

Shares of Ocean Park High Income ETF stock opened at $23.20 on Thursday. Ocean Park High Income ETF has a 52-week low of $23.05 and a 52-week high of $24.74. The company’s fifty day moving average price is $23.43 and its two-hundred day moving average price is $23.93. The firm has a market capitalization of $22.28 million, a PE ratio of 15.68 and a beta of 0.24.

Ocean Park High Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 13th. Investors of record on Wednesday, October 7th were issued a $0.0320 dividend. This is a negative change from Ocean Park High Income ETF’s previous monthly dividend of $0.1137. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Wednesday, October 7th.

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.