Short Interest in Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAA) Declines By 66.2%

Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAAGet Free Report) saw a significant decline in short interest in March. As of March 13th, there was short interest totaling 3,181 shares, a decline of 66.2% from the February 26th total of 9,414 shares. Based on an average daily volume of 5,952 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 5,952 shares, the days-to-cover ratio is currently 0.5 days.

Alternative Access First Priority CLO Bond ETF Price Performance

AAA stock traded down $0.03 during midday trading on Wednesday, hitting $24.89. The stock had a trading volume of 690 shares, compared to its average volume of 7,544. The business has a 50-day moving average of $25.01 and a two-hundred day moving average of $25.02. Alternative Access First Priority CLO Bond ETF has a 52-week low of $24.33 and a 52-week high of $25.14.

Alternative Access First Priority CLO Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were given a $0.0942 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

About Alternative Access First Priority CLO Bond ETF

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The AXS First Priority CLO Bond ETF (AAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide income by actively selecting USD-denominated, investment-grade collateralized loan obligations, or CLO bonds, of any maturity. AAA was launched on Sep 9, 2020 and is managed by AXS Investments.

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