Ocean Park High Income ETF (NASDAQ:DUKH) Sees Large Increase in Short Interest

Ocean Park High Income ETF (NASDAQ:DUKHGet Free Report) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 6,495 shares, an increase of 79.0% from the July 30th total of 3,628 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 7,536 shares, the short-interest ratio is presently 0.9 days.

Institutional Trading of Ocean Park High Income ETF

An institutional investor recently bought a new stake in Ocean Park High Income ETF stock. Jane Street Group LLC acquired a new stake in Ocean Park High Income ETF (NASDAQ:DUKHFree Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 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 at the end of the most recent reporting period.

Ocean Park High Income ETF Trading Down 0.2%

DUKH traded down $0.04 during trading on Friday, hitting $23.81. 4,138 shares of the company’s stock were exchanged, compared to its average volume of 7,885. Ocean Park High Income ETF has a 1 year low of $23.68 and a 1 year high of $24.75. The stock has a 50 day moving average price of $23.85 and a 200 day moving average price of $24.02. The firm has a market cap of $24.52 million, a P/E ratio of 15.68 and a beta of 0.23.

Ocean Park High Income ETF Cuts Dividend

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

About Ocean Park High Income ETF

(Get Free Report)

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.

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