Hartford AAA CLO ETF (BATS:TRPA) Sees Significant Decrease in Short Interest

Hartford AAA CLO ETF (BATS:TRPA) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 2,123 shares, a decrease of 65.5% from the April 30th total of 6,151 shares. Based on an average daily volume of 11,735 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Hartford AAA CLO ETF

A number of institutional investors have recently made changes to their positions in TRPA. Truist Financial Corp bought a new position in shares of Hartford AAA CLO ETF in the 3rd quarter worth $543,000. Westside Investment Management Inc. bought a new position in shares of Hartford AAA CLO ETF in the 3rd quarter worth $47,000. Flagship Harbor Advisors LLC bought a new position in shares of Hartford AAA CLO ETF in the 3rd quarter worth $1,652,000. Stratos Wealth Partners LTD. bought a new position in shares of Hartford AAA CLO ETF in the 3rd quarter worth $803,000. Finally, ForthRight Wealth Management LLC bought a new position in shares of Hartford AAA CLO ETF in the 3rd quarter worth $5,491,000.

Hartford AAA CLO ETF Stock Performance

BATS TRPA opened at $38.88 on Monday. Hartford AAA CLO ETF has a 1 year low of $38.44 and a 1 year high of $39.35. The company’s 50 day simple moving average is $38.87 and its two-hundred day simple moving average is $38.93.

About Hartford AAA CLO ETF

The Hartford AAA CLO ETF seeks to provide capital preservation and current income by investing primarily in AAA-rated tranches of collateralized loan obligations (CLOs). The fund aims to offer investors exposure to high-quality, short-duration fixed-income securities.