Short Interest in iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Decreases By 47.0%

iShares BBB-B CLO Active ETF (NASDAQ:BCLOGet Free Report) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 1,717 shares, a decline of 47.0% from the January 29th total of 3,237 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 7,865 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 7,865 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

iShares BBB-B CLO Active ETF Stock Performance

BCLO stock opened at $49.21 on Friday. The company has a fifty day moving average of $49.73 and a 200-day moving average of $49.83. iShares BBB-B CLO Active ETF has a one year low of $47.55 and a one year high of $50.45.

iShares BBB-B CLO Active ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.2699 dividend. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend was Monday, February 2nd.

Hedge Funds Weigh In On iShares BBB-B CLO Active ETF

A hedge fund recently bought a new stake in iShares BBB-B CLO Active ETF stock. Syon Capital LLC purchased a new stake in iShares BBB-B CLO Active ETF (NASDAQ:BCLOFree Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,743 shares of the company’s stock, valued at approximately $830,000. Syon Capital LLC owned approximately 1.12% of iShares BBB-B CLO Active ETF at the end of the most recent reporting period.

About iShares BBB-B CLO Active ETF

(Get Free Report)

The iShares BBB-B CLO Active ETF (BCLO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a portfolio of collateralized loan obligations rated from BBB+ to B-, and of any maturity. These securities are primarily denominated in USD, but may also be denominated in foreign currencies. BCLO was launched on Jan 29, 2025 and is issued by BlackRock.

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