Ocean Park High Income ETF (NASDAQ:DUKH) Short Interest Update

Ocean Park High Income ETF (NASDAQ:DUKH) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 3,628 shares, a decline of 78.8% from the July 15th total of 17,083 shares. Based on an average daily volume of 4,416 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.4% of the shares of the company are short sold.

Ocean Park High Income ETF Price Performance

NASDAQ DUKH traded up $0.08 on Thursday, hitting $23.89. 1,179 shares of the company’s stock were exchanged, compared to its average volume of 8,245. The firm’s 50-day moving average price is $23.88 and its two-hundred day moving average price is $24.07. Ocean Park High Income ETF has a fifty-two week low of $23.68 and a fifty-two week high of $24.75. The firm has a market cap of $24.61 million, a price-to-earnings ratio of 15.68 and a beta of 0.23.

Ocean Park High Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, August 10th. Investors of record on Wednesday, August 5th were paid a $0.1046 dividend. The ex-dividend date was Wednesday, August 5th.

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 the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 as of its most recent filing with the Securities & Exchange Commission.

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.