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

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) was the target of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 7,900 shares, a decline of 75.9% from the May 15th total of 32,800 shares. Based on an average trading volume of 51,100 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of Angel Oak High Yield Opportunities ETF

A number of large investors have recently made changes to their positions in the business. IFP Advisors Inc purchased a new stake in Angel Oak High Yield Opportunities ETF during the fourth quarter valued at approximately $50,000. OLD Mission Capital LLC purchased a new stake in Angel Oak High Yield Opportunities ETF during the fourth quarter valued at approximately $126,000. Fifth Third Securities Inc. purchased a new stake in Angel Oak High Yield Opportunities ETF during the first quarter valued at approximately $353,000. Jane Street Group LLC increased its position in shares of Angel Oak High Yield Opportunities ETF by 33.8% during the 4th quarter. Jane Street Group LLC now owns 47,817 shares of the company’s stock valued at $526,000 after purchasing an additional 12,089 shares during the last quarter. Finally, Cresset Asset Management LLC bought a new position in shares of Angel Oak High Yield Opportunities ETF during the 4th quarter valued at approximately $538,000.

Angel Oak High Yield Opportunities ETF Stock Up 0.1%

Angel Oak High Yield Opportunities ETF stock opened at $11.04 on Thursday. The company has a market cap of $117.69 million and a price-to-earnings ratio of 2.33. The firm’s fifty day moving average is $10.90 and its 200 day moving average is $11.02. Angel Oak High Yield Opportunities ETF has a 52-week low of $10.52 and a 52-week high of $11.47.

Angel Oak High Yield Opportunities ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, June 2nd. Stockholders of record on Friday, May 30th were issued a $0.0582 dividend. The ex-dividend date was Friday, May 30th.

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.