Short Interest in Ocean Park High Income ETF (NASDAQ:DUKH) Decreases By 99.7%

Ocean Park High Income ETF (NASDAQ:DUKH) was the recipient of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 5 shares, a drop of 99.7% from the January 15th total of 1,924 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 3,971 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 3,971 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Ocean Park High Income ETF Stock Up 0.1%

NASDAQ:DUKH traded up $0.02 during mid-day trading on Tuesday, reaching $24.51. The company’s stock had a trading volume of 727 shares, compared to its average volume of 3,653. Ocean Park High Income ETF has a 1 year low of $23.36 and a 1 year high of $25.24. The stock has a fifty day moving average of $24.45 and a 200-day moving average of $24.47. The firm has a market capitalization of $9.80 million, a PE ratio of 15.68 and a beta of 0.30.

Ocean Park High Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, February 10th. Stockholders of record on Thursday, February 5th will be given a $0.0952 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Thursday, February 5th.

Hedge Funds Weigh In On Ocean Park High Income ETF

An institutional investor recently bought a new position in Ocean Park High Income ETF stock. Jane Street Group LLC acquired a new stake in shares of Ocean Park High Income ETF (NASDAQ:DUKH) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 20,302 shares of the company’s stock, valued at approximately $495,000. Jane Street Group LLC owned about 7.25% of Ocean Park High Income ETF at the end of the most recent quarter.

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.