Ocean Park High Income ETF (NASDAQ:DUKH) Short Interest Up 1,024.1% in June

Ocean Park High Income ETF (NASDAQ:DUKH) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 6,194 shares, a growth of 1,024.1% from the May 31st total of 551 shares. Based on an average trading volume of 16,237 shares, the days-to-cover ratio is presently 0.4 days. Approximately 1.4% of the company’s shares are sold short.

Ocean Park High Income ETF Stock Performance

DUKH opened at $23.94 on Friday. The firm’s fifty day moving average is $24.02 and its two-hundred day moving average is $24.21. The firm has a market cap of $10.77 million, a PE ratio of 15.68 and a beta of 0.23. Ocean Park High Income ETF has a twelve month low of $23.68 and a twelve month high of $24.75.

Ocean Park High Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, June 9th. Investors of record on Thursday, June 4th were given a $0.1121 dividend. The ex-dividend date was Thursday, June 4th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Ocean Park High Income ETF stock. Jane Street Group LLC bought a new stake in Ocean Park High Income ETF (NASDAQ:DUKH) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (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 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.