Ocean Park High Income ETF (NASDAQ:DUKH) Short Interest Up 20,260.0% in February

Ocean Park High Income ETF (NASDAQ:DUKH) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 1,018 shares, an increase of 20,260.0% from the January 29th total of 5 shares. Based on an average daily volume of 4,879 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 4,879 shares, the days-to-cover ratio is presently 0.2 days.

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 purchased a new stake in shares of Ocean Park High Income ETF (NASDAQ:DUKH) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 SEC filing.

Ocean Park High Income ETF Price Performance

Shares of DUKH stock traded up $0.01 during trading hours on Wednesday, hitting $24.54. 10,656 shares of the company’s stock were exchanged, compared to its average volume of 3,853. The stock’s 50-day moving average is $24.49 and its 200-day moving average is $24.49. The stock has a market cap of $9.82 million, a price-to-earnings ratio of 15.68 and a beta of 0.30. Ocean Park High Income ETF has a 52 week low of $23.36 and a 52 week high of $25.24.

Ocean Park High Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Investors of record on Thursday, February 5th were given a dividend of $0.0952 per share. The ex-dividend date was Thursday, February 5th. This represents a c) annualized dividend and a yield of 4.7%.

About Ocean Park High Income ETF

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.