Angel Oak Income ETF (NASDAQ:CARY) Short Interest Down 25.1% in August

Angel Oak Income ETF (NASDAQ:CARY) was the recipient of a significant decline in short interest in August. As of August 15th, there was short interest totaling 24,800 shares, adeclineof25.1% from the July 31st total of 33,100 shares. Based on an average daily volume of 174,800 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 174,800 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Angel Oak Income ETF

Institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE bought a new position in shares of Angel Oak Income ETF during the 2nd quarter valued at approximately $38,000. Comerica Bank purchased a new stake in Angel Oak Income ETF in the 4th quarter worth approximately $55,000. Raleigh Capital Management Inc. purchased a new stake in Angel Oak Income ETF in the 2nd quarter worth approximately $138,000. Vista Investment Partners LLC purchased a new stake in Angel Oak Income ETF in the 1st quarter worth approximately $207,000. Finally, Firethorn Wealth Partners LLC increased its holdings in shares of Angel Oak Income ETF by 5.1% in the 2nd quarter. Firethorn Wealth Partners LLC now owns 10,334 shares of the company’s stock worth $215,000 after buying an additional 504 shares during the last quarter.

Angel Oak Income ETF Trading Down 0.0%

CARY traded down $0.01 during midday trading on Tuesday, hitting $21.02. The company had a trading volume of 14,458 shares, compared to its average volume of 153,488. The stock’s 50 day moving average price is $20.85 and its 200 day moving average price is $20.76. Angel Oak Income ETF has a 52 week low of $20.40 and a 52 week high of $21.50.

Angel Oak Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 29th were given a $0.0909 dividend. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend was Friday, August 29th.

About Angel Oak Income ETF

The Angel Oak Income ETF (CARY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that aims for current income by broadly investing in USD-denominated fixed income securities with a tilt towards structured products and residential mortgage.