Angel Oak Income ETF (NASDAQ:CARY) Short Interest Down 65.4% in July

Angel Oak Income ETF (NASDAQ:CARYGet Free Report) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 66,634 shares, a drop of 65.4% from the July 15th total of 192,766 shares. Based on an average daily trading volume, of 304,522 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Angel Oak Income ETF Price Performance

CARY stock traded down $0.01 during mid-day trading on Friday, reaching $20.72. The company had a trading volume of 60,540 shares, compared to its average volume of 411,846. The firm has a 50 day moving average of $20.76 and a 200 day moving average of $20.84. Angel Oak Income ETF has a 12 month low of $20.58 and a 12 month high of $21.55.

Angel Oak Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 31st were paid a $0.1001 dividend. The ex-dividend date of this dividend was Friday, July 31st.

Institutional Investors Weigh In On Angel Oak Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Hantz Financial Services Inc. bought a new position in shares of Angel Oak Income ETF during the 4th quarter worth $30,000. Bank of America Corp DE purchased a new stake in Angel Oak Income ETF in the second quarter worth about $38,000. Lloyd Advisory Services LLC. purchased a new stake in Angel Oak Income ETF in the fourth quarter worth about $118,000. Comerica Bank grew its holdings in Angel Oak Income ETF by 12.2% during the 3rd quarter. Comerica Bank now owns 9,235 shares of the company’s stock worth $193,000 after acquiring an additional 1,007 shares in the last quarter. Finally, Commonwealth Equity Services LLC bought a new position in Angel Oak Income ETF during the 4th quarter worth about $204,000.

Angel Oak Income ETF Company Profile

(Get Free Report)

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. Securities could be of any credit quality or maturity. CARY was launched on Nov 7, 2022 and is issued by Angel Oak.

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