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

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 130,079 shares, an increase of 75.8% from the August 15th total of 73,992 shares. Based on an average daily trading volume, of 53,370 shares, the short-interest ratio is currently 2.4 days. Approximately 1.2% of the company’s shares are short sold.

Angel Oak High Yield Opportunities ETF Trading Up 0.1%

AOHY opened at $10.92 on Wednesday. The company has a market cap of $1.20 trillion, a P/E ratio of 2.33 and a beta of 0.19. The business’s 50-day moving average price is $11.03 and its 200-day moving average price is $11.04. Angel Oak High Yield Opportunities ETF has a 12 month low of $10.85 and a 12 month high of $11.29.

Angel Oak High Yield Opportunities ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 31st were paid a $0.0594 dividend. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend was Monday, August 31st.

Institutional Trading of Angel Oak High Yield Opportunities ETF

A number of institutional investors have recently made changes to their positions in AOHY. IFP Advisors Inc boosted its position in Angel Oak High Yield Opportunities ETF by 21.3% during the 2nd quarter. IFP Advisors Inc now owns 65,361 shares of the company’s stock valued at $719,000 after buying an additional 11,499 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of Angel Oak High Yield Opportunities ETF in the second quarter valued at about $476,000. Breakwater Capital Group purchased a new position in shares of Angel Oak High Yield Opportunities ETF in the second quarter valued at about $1,235,000. Worth Asset Management LLC bought a new position in shares of Angel Oak High Yield Opportunities ETF during the second quarter valued at about $227,000. Finally, Arkadios Wealth Advisors raised its stake in shares of Angel Oak High Yield Opportunities ETF by 12.3% during the first quarter. Arkadios Wealth Advisors now owns 3,857,687 shares of the company’s stock valued at $42,165,000 after acquiring an additional 422,647 shares during the last quarter.

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.