Angel Oak UltraShort Income ETF (NASDAQ:UYLD) Short Interest Update

Angel Oak UltraShort Income ETF (NASDAQ:UYLD – Get Free Report) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 22,956 shares, a decline of 75.5% from the August 15th total of 93,853 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 140,779 shares, the short-interest ratio is presently 0.2 days.

Angel Oak UltraShort Income ETF Trading Up 0.0%

NASDAQ UYLD opened at $50.99 on Friday. The firm’s 50 day simple moving average is $51.07 and its 200 day simple moving average is $51.11. Angel Oak UltraShort Income ETF has a 1 year low of $50.94 and a 1 year high of $51.46.

Get Angel Oak UltraShort Income ETF alerts:

Angel Oak UltraShort Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 31st were issued a dividend of $0.1799 per share. The ex-dividend date was Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 4.2%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. bought a new stake in Angel Oak UltraShort Income ETF in the fourth quarter valued at approximately $27,000. Royal Bank of Canada raised its holdings in Angel Oak UltraShort Income ETF by 76.0% during the 4th quarter. Royal Bank of Canada now owns 901 shares of the company’s stock worth $46,000 after purchasing an additional 389 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Angel Oak UltraShort Income ETF by 46,300.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock worth $71,000 after purchasing an additional 1,389 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Angel Oak UltraShort Income ETF by 199.2% in the 2nd quarter. NewEdge Advisors LLC now owns 2,115 shares of the company’s stock worth $108,000 after purchasing an additional 1,408 shares during the period. Finally, Worth Asset Management LLC acquired a new position in shares of Angel Oak UltraShort Income ETF in the 2nd quarter worth approximately $247,000.

Angel Oak UltraShort Income ETF Company Profile

(Get Free Report)

The Angel Oak UltraShort Income ETF (UYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a broad portfolio of fixed income securities of various credit qualities. Selection is based on fundamental analysis and managed to provide a dollar-weighted average maturity of less than two years UYLD was launched on Oct 24, 2022 and is issued by Angel Oak.

Featured Stories

• Five stocks we like better than Angel Oak UltraShort Income ETF
• American Eagle Goes on Sale: Is It Time to Buy?
• MarketBeat Week in Review – 09/07 – 09/11
• Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
• Kroger’s Textbook Entry for Buy-and-Hold Investors

Receive News & Ratings for Angel Oak UltraShort Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Angel Oak UltraShort Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.