Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) Short Interest Update

Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 8,500 shares, a growth of 44.1% from the October 15th total of 5,900 shares. Based on an average trading volume of 58,700 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Angel Oak Financial Strategies Income Term Trust

Several hedge funds have recently added to or reduced their stakes in FINS. HighTower Advisors LLC bought a new stake in shares of Angel Oak Financial Strategies Income Term Trust in the third quarter worth about $405,000. Dakota Wealth Management increased its holdings in shares of Angel Oak Financial Strategies Income Term Trust by 1.3% in the second quarter. Dakota Wealth Management now owns 62,600 shares of the company’s stock worth $774,000 after acquiring an additional 825 shares in the last quarter. Shaker Financial Services LLC bought a new stake in shares of Angel Oak Financial Strategies Income Term Trust in the second quarter worth about $1,040,000. Stifel Financial Corp increased its holdings in shares of Angel Oak Financial Strategies Income Term Trust by 10.8% in the third quarter. Stifel Financial Corp now owns 255,413 shares of the company’s stock worth $3,377,000 after acquiring an additional 24,981 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV increased its holdings in shares of Angel Oak Financial Strategies Income Term Trust by 2.8% in the second quarter. Nations Financial Group Inc. IA ADV now owns 514,834 shares of the company’s stock worth $6,368,000 after acquiring an additional 14,039 shares in the last quarter.

Angel Oak Financial Strategies Income Term Trust Trading Down 0.2 %

NYSE:FINS traded down $0.03 during mid-day trading on Friday, hitting $12.63. The company had a trading volume of 209,725 shares, compared to its average volume of 55,377. Angel Oak Financial Strategies Income Term Trust has a fifty-two week low of $11.71 and a fifty-two week high of $13.30. The business’s fifty day moving average is $13.08 and its two-hundred day moving average is $12.72.

Angel Oak Financial Strategies Income Term Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.109 dividend. This represents a $1.31 annualized dividend and a yield of 10.36%. The ex-dividend date of this dividend is Friday, November 15th.

Angel Oak Financial Strategies Income Term Trust Company Profile