Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) Short Interest Update

Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) saw a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 12,383,913 shares, a drop of 18.4% from the February 12th total of 15,184,215 shares. Currently, 2.4% of the company’s shares are sold short. Based on an average daily volume of 8,178,136 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily volume of 8,178,136 shares, the days-to-cover ratio is currently 1.5 days. Currently, 2.4% of the company’s shares are sold short.

Janus Henderson AAA CLO ETF Stock Performance

Janus Henderson AAA CLO ETF stock remained flat at $50.46 during trading on Tuesday. 6,854,908 shares of the company were exchanged, compared to its average volume of 7,198,876. Janus Henderson AAA CLO ETF has a 12-month low of $49.65 and a 12-month high of $50.85. The business’s 50-day simple moving average is $50.64 and its 200-day simple moving average is $50.64.

Janus Henderson AAA CLO ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Friday, February 27th were issued a dividend of $0.1934 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. This is a positive change from Janus Henderson AAA CLO ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Friday, February 27th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its position in shares of Janus Henderson AAA CLO ETF by 0.9% during the 3rd quarter. Bank of America Corp DE now owns 34,685,646 shares of the company’s stock worth $1,761,337,000 after buying an additional 300,086 shares in the last quarter. Allianz SE bought a new position in shares of Janus Henderson AAA CLO ETF in the fourth quarter valued at approximately $1,333,331,000. Allianz Investment Management U.S. LLC increased its stake in shares of Janus Henderson AAA CLO ETF by 38.5% during the third quarter. Allianz Investment Management U.S. LLC now owns 25,923,332 shares of the company’s stock valued at $1,316,387,000 after acquiring an additional 7,212,832 shares during the period. Corebridge Financial Inc. lifted its position in Janus Henderson AAA CLO ETF by 2,108.9% in the third quarter. Corebridge Financial Inc. now owns 21,780,009 shares of the company’s stock worth $1,105,989,000 after purchasing an additional 20,794,009 shares during the period. Finally, LPL Financial LLC lifted its position in Janus Henderson AAA CLO ETF by 3.2% in the fourth quarter. LPL Financial LLC now owns 13,272,736 shares of the company’s stock worth $671,335,000 after purchasing an additional 405,363 shares during the period.

About Janus Henderson AAA CLO ETF

The Janus Henderson AAA CLO ETF (JAAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income by actively selecting investment-grade floating rate collateralized loan obligations (CLO) securities of various maturities from issuers around the globe. JAAA was launched on Oct 16, 2020 and is managed by Janus Henderson.