Short Interest in Ocean Park Diversified Income ETF (NYSEARCA:DUKZ) Decreases By 43.2%

Ocean Park Diversified Income ETF (NYSEARCA:DUKZ) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 3,148 shares, a decline of 43.2% from the January 29th total of 5,538 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 5,919 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 5,919 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are sold short.

Ocean Park Diversified Income ETF Stock Down 0.1%

Shares of NYSEARCA DUKZ traded down $0.03 during midday trading on Friday, reaching $25.65. 4,217 shares of the stock traded hands, compared to its average volume of 6,334. The company’s 50 day moving average is $25.50 and its 200 day moving average is $25.45. Ocean Park Diversified Income ETF has a one year low of $24.09 and a one year high of $25.84.

Ocean Park Diversified Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Thursday, February 5th were issued a dividend of $0.0763 per share. This is a positive change from Ocean Park Diversified Income ETF’s previous monthly dividend of $0.03. The ex-dividend date of this dividend was Thursday, February 5th. This represents a c) annualized dividend and a dividend yield of 3.6%.

About Ocean Park Diversified Income ETF

The Ocean Park Diversified Income ETF (DUKZ) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that tactically allocates assets across various fixed income ETFs that are unconstrained by credit quality, maturity, or geography. The fund seeks to provide total return while mitigating downside risk DUKZ was launched on Jul 10, 2024 and is issued by Ocean Park.