Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Short Interest Update

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 32,980 shares, a growth of 120.5% from the November 30th total of 14,960 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 45,387 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 45,387 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC bought a new stake in Angel Oak High Yield Opportunities ETF during the 2nd quarter worth approximately $35,000. Raymond James Financial Inc. bought a new stake in shares of Angel Oak High Yield Opportunities ETF in the second quarter worth $62,000. AE Wealth Management LLC grew its stake in shares of Angel Oak High Yield Opportunities ETF by 657.4% in the third quarter. AE Wealth Management LLC now owns 10,353 shares of the company’s stock worth $116,000 after purchasing an additional 8,986 shares during the last quarter. Ausdal Financial Partners Inc. acquired a new stake in Angel Oak High Yield Opportunities ETF in the third quarter valued at $122,000. Finally, Moloney Securities Asset Management LLC bought a new position in Angel Oak High Yield Opportunities ETF during the 2nd quarter worth $139,000.

Angel Oak High Yield Opportunities ETF Stock Up 0.1%

NASDAQ AOHY opened at $11.19 on Monday. The company has a market cap of $129.36 million, a price-to-earnings ratio of 2.33 and a beta of 0.22. Angel Oak High Yield Opportunities ETF has a twelve month low of $10.52 and a twelve month high of $11.41. The business’s fifty day moving average is $11.12 and its 200 day moving average is $11.14.

Angel Oak High Yield Opportunities ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 28th were issued a dividend of $0.0525 per share. This represents a c) annualized dividend and a dividend yield of 5.6%. The ex-dividend date was Friday, November 28th.

Angel Oak High Yield Opportunities ETF Company Profile

The Angel Oak High Yield Opportunities ETF (AOHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to high-yield fixed-income securities, globally. The fund seeks a high level of current income, and to a lesser extent, capital appreciation. AOHY was launched on Feb 20, 2024 and is issued by Angel Oak.