Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Stock Short Interest Report for October

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 31,501 shares, a decline of 49.0% from the September 30th total of 61,732 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 42,328 shares, the short-interest ratio is currently 0.7 days.

Angel Oak High Yield Opportunities ETF Price Performance

Shares of NASDAQ:AOHY traded up $0.02 during trading on Monday, reaching $10.74. 25,289 shares of the company were exchanged, compared to its average volume of 59,177. The firm has a market capitalization of $116.42 million, a PE ratio of 2.33 and a beta of 0.20. The business’s fifty day simple moving average is $10.85 and its 200-day simple moving average is $11.02. Angel Oak High Yield Opportunities ETF has a 12-month low of $10.58 and a 12-month high of $11.25.

Angel Oak High Yield Opportunities ETF’s stock is set to reverse split before the market opens on Monday, November 16th. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, November 15th.

Angel Oak High Yield Opportunities ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Friday, October 30th will be paid a dividend of $0.0637 per share. This represents a $0.76 annualized dividend and a dividend yield of 7.1%. This is a boost from Angel Oak High Yield Opportunities ETF’s previous monthly dividend of $0.0628. The ex-dividend date is Friday, October 30th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of AOHY. Arkadios Wealth Advisors raised its holdings in shares of Angel Oak High Yield Opportunities ETF by 12.3% during the 1st quarter. Arkadios Wealth Advisors now owns 3,857,687 shares of the company’s stock valued at $42,165,000 after buying an additional 422,647 shares during the period. NewEdge Wealth LLC increased its stake in shares of Angel Oak High Yield Opportunities ETF by 8.2% during the first quarter. NewEdge Wealth LLC now owns 374,657 shares of the company’s stock valued at $4,095,000 after acquiring an additional 28,499 shares during the period. Breakwater Capital Group lifted its stake in Angel Oak High Yield Opportunities ETF by 119.6% during the third quarter. Breakwater Capital Group now owns 246,528 shares of the company’s stock valued at $2,630,000 after purchasing an additional 134,274 shares during the last quarter. IFP Advisors Inc lifted its stake in Angel Oak High Yield Opportunities ETF by 5.5% during the third quarter. IFP Advisors Inc now owns 68,979 shares of the company’s stock valued at $736,000 after buying an additional 3,618 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in Angel Oak High Yield Opportunities ETF during the second quarter valued at $476,000.

About Angel Oak High Yield Opportunities ETF

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.