Ocean Park Diversified Income ETF (NYSEARCA:DUKZ) Sees Significant Decrease in Short Interest

Ocean Park Diversified Income ETF (NYSEARCA:DUKZ) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 416 shares, a drop of 90.3% from the September 15th total of 4,294 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,170 shares, the short-interest ratio is presently 0.1 days.

Ocean Park Diversified Income ETF Stock Performance

Shares of NYSEARCA DUKZ traded up $0.02 during trading on Friday, reaching $24.68. The company had a trading volume of 5,710 shares, compared to its average volume of 12,405. Ocean Park Diversified Income ETF has a twelve month low of $24.58 and a twelve month high of $25.94. The stock has a 50-day moving average price of $25.03 and a two-hundred day moving average price of $25.25.

Ocean Park Diversified Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 13th. Investors of record on Wednesday, October 7th will be paid a dividend of $0.0367 per share. The ex-dividend date of this dividend is Wednesday, October 7th. This is a decrease from Ocean Park Diversified Income ETF’s previous monthly dividend of $0.0884. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.8%.

Ocean Park Diversified Income ETF Company Profile

The Ocean Park Diversified Income ETF (DUKZ) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that tactically allocates assets across various fixed income ETFs that are unconstrained by credit quality, maturity, or geography. The fund seeks to provide total return while mitigating downside risk DUKZ was launched on Jul 10, 2024 and is issued by Ocean Park.