iShares AAA CLO Active ETF (NASDAQ:CLOA) Short Interest Update

iShares AAA CLO Active ETF (NASDAQ:CLOA) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 231,073 shares, an increase of 70.2% from the February 12th total of 135,755 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average trading volume of 429,963 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 429,963 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.8% of the company’s shares are sold short.

Institutional Trading of iShares AAA CLO Active ETF

Large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings in iShares AAA CLO Active ETF by 2.5% in the second quarter. JPMorgan Chase & Co. now owns 136,347 shares of the company’s stock valued at $7,079,000 after purchasing an additional 3,389 shares during the period. Flow Traders U.S. LLC acquired a new stake in iShares AAA CLO Active ETF in the 2nd quarter valued at about $977,000. Cox Capital Mgt LLC raised its position in iShares AAA CLO Active ETF by 3.3% in the 3rd quarter. Cox Capital Mgt LLC now owns 25,642 shares of the company’s stock valued at $1,332,000 after purchasing an additional 815 shares in the last quarter. Bulwark Capital Corp boosted its stake in shares of iShares AAA CLO Active ETF by 133.9% in the 3rd quarter. Bulwark Capital Corp now owns 23,591 shares of the company’s stock valued at $1,226,000 after buying an additional 13,506 shares during the period. Finally, Private Trust Co. NA acquired a new position in shares of iShares AAA CLO Active ETF during the third quarter worth about $30,000.

iShares AAA CLO Active ETF Stock Up 0.1%

Shares of CLOA traded up $0.05 during mid-day trading on Friday, hitting $51.71. 185,708 shares of the company’s stock were exchanged, compared to its average volume of 498,228. The stock’s 50-day moving average is $51.84 and its 200-day moving average is $51.84. iShares AAA CLO Active ETF has a fifty-two week low of $50.61 and a fifty-two week high of $52.05.

iShares AAA CLO Active ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.1876 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, March 2nd.

About iShares AAA CLO Active ETF

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.