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

Ocean Park High Income ETF (NASDAQ:DUKH) saw a significant growth in short interest in 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 daily volume of 16,237 shares, the short-interest ratio is currently 0.4 days. Approximately 1.4% of the shares of the stock are short sold.

Institutional Investors Weigh In On Ocean Park High Income ETF

An institutional investor recently bought a new position in Ocean Park High Income ETF stock. Jane Street Group LLC purchased a new stake in shares of Ocean Park High Income ETF (NASDAQ:DUKH) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 SEC filing.

Ocean Park High Income ETF Price Performance

Shares of Ocean Park High Income ETF stock opened at $23.94 on Friday. The firm has a market cap of $10.77 million, a P/E ratio of 15.68 and a beta of 0.23. The firm has a 50 day simple moving average of $24.02 and a 200 day simple moving average of $24.21. Ocean Park High Income ETF has a fifty-two week low of $23.68 and a fifty-two week 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. Shareholders of record on Thursday, June 4th were given a $0.1121 dividend. The ex-dividend date was Thursday, June 4th.

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.