Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 242,485 shares, a growth of 223.2% from the July 30th total of 75,028 shares. Currently, 2.0% of the shares of the company are sold short. Based on an average daily volume of 115,826 shares, the short-interest ratio is currently 2.1 days.
Invesco AAA CLO Floating Rate Note ETF Price Performance
BATS ICLO traded up $0.01 on Thursday, hitting $25.59. The stock had a trading volume of 40,685 shares, compared to its average volume of 142,135. The company’s 50-day moving average is $25.60 and its two-hundred day moving average is $25.57. Invesco AAA CLO Floating Rate Note ETF has a one year low of $25.23 and a one year high of $25.72.
Institutional Trading of Invesco AAA CLO Floating Rate Note ETF
Several large investors have recently added to or reduced their stakes in ICLO. Concurrent Investment Advisors LLC increased its stake in Invesco AAA CLO Floating Rate Note ETF by 95.4% during the 4th quarter. Concurrent Investment Advisors LLC now owns 87,413 shares of the company’s stock valued at $2,233,000 after buying an additional 42,674 shares during the period. Green Ridge Wealth Planning LLC acquired a new position in shares of Invesco AAA CLO Floating Rate Note ETF during the fourth quarter valued at approximately $2,653,000. Stewardship Advisors LLC acquired a new position in shares of Invesco AAA CLO Floating Rate Note ETF during the first quarter valued at approximately $5,007,000. Signal Advisors Wealth LLC acquired a new stake in Invesco AAA CLO Floating Rate Note ETF in the first quarter worth approximately $1,537,000. Finally, Total Clarity Wealth Management Inc. bought a new position in Invesco AAA CLO Floating Rate Note ETF during the 1st quarter valued at $2,833,000.
About Invesco AAA CLO Floating Rate Note ETF
The Invesco Aaa Clo Floating Rate Note ETF (ICLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in USD-denominated floating rate CLOs that are rated AAA or equivalent. ICLO was launched on Dec 9, 2022 and is managed by Invesco.
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