Short Interest in iShares AAA CLO Active ETF (NASDAQ:CLOA) Drops By 62.3%

Posted by Trevor Kearing on Nov 28th, 2024

iShares AAA CLO Active ETF (NASDAQ:CLOA – Get Free Report) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 59,800 shares, a drop of 62.3% from the October 31st total of 158,600 shares. Based on an average daily volume of 129,700 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On iShares AAA CLO Active ETF

A number of institutional investors have recently made changes to their positions in the business. First Horizon Advisors Inc. bought a new stake in iShares AAA CLO Active ETF in the second quarter worth $60,000. LGT Financial Advisors LLC purchased a new stake in iShares AAA CLO Active ETF during the 2nd quarter valued at about $114,000. Chris Bulman Inc bought a new position in iShares AAA CLO Active ETF during the 2nd quarter worth approximately $147,000. SigFig Wealth Management LLC purchased a new position in iShares AAA CLO Active ETF in the 2nd quarter worth approximately $237,000. Finally, Freestate Advisors LLC bought a new stake in iShares AAA CLO Active ETF in the third quarter valued at approximately $258,000.

iShares AAA CLO Active ETF Stock Performance

Shares of NASDAQ CLOA traded down $0.01 during trading hours on Thursday, reaching $51.96. 54,895 shares of the stock traded hands, compared to its average volume of 87,353. The company’s 50-day simple moving average is $51.85 and its two-hundred day simple moving average is $51.85. iShares AAA CLO Active ETF has a 52-week low of $50.93 and a 52-week high of $52.02.

iShares AAA CLO Active ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.2682 dividend. The ex-dividend date was Friday, November 1st.

iShares AAA CLO Active ETF Company Profile

(Get Free Report)

The BlackRock AAA CLO ETF (CLOA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated CLOs that are rated AAA. CLOA was launched on Jan 10, 2023 and is managed by BlackRock.