Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) Short Interest Down 42.7% in April

Nuveen AA-BBB CLO ETF (NYSEARCA:NCLOGet Free Report) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totaling 8,851 shares, a decline of 42.7% from the March 31st total of 15,457 shares. Based on an average trading volume of 23,450 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are short sold.

Nuveen AA-BBB CLO ETF Stock Performance

NCLO stock traded up $0.01 during midday trading on Monday, reaching $25.05. The company had a trading volume of 9,710 shares, compared to its average volume of 44,167. The stock has a 50 day moving average price of $24.87 and a 200 day moving average price of $25.00. Nuveen AA-BBB CLO ETF has a fifty-two week low of $24.22 and a fifty-two week high of $25.27.

Hedge Funds Weigh In On Nuveen AA-BBB CLO ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of NCLO. Jane Street Group LLC acquired a new position in Nuveen AA-BBB CLO ETF in the second quarter valued at approximately $992,000. Corrado Advisors LLC boosted its stake in Nuveen AA-BBB CLO ETF by 3.5% in the third quarter. Corrado Advisors LLC now owns 74,431 shares of the company’s stock valued at $1,869,000 after acquiring an additional 2,500 shares during the period. Trajan Wealth LLC acquired a new position in Nuveen AA-BBB CLO ETF in the third quarter valued at approximately $338,000. Natixis Advisors LLC boosted its stake in Nuveen AA-BBB CLO ETF by 112.1% in the third quarter. Natixis Advisors LLC now owns 93,313 shares of the company’s stock valued at $2,343,000 after acquiring an additional 49,314 shares during the period. Finally, Sanctuary Advisors LLC boosted its stake in Nuveen AA-BBB CLO ETF by 18.2% in the fourth quarter. Sanctuary Advisors LLC now owns 19,215 shares of the company’s stock valued at $481,000 after acquiring an additional 2,961 shares during the period.

Nuveen AA-BBB CLO ETF Company Profile

(Get Free Report)

The Nuveen AA-BBB CLO ETF (NCLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, seeking total return through investments in USD-denominated, investment-grade collateralized loan obligations (CLOs) of any maturity. NCLO was launched on Dec 10, 2024 and is issued by Nuveen.

Further Reading

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