Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAA) Sees Large Growth in Short Interest

Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAAGet Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 45,291 shares, an increase of 477.5% from the August 15th total of 7,843 shares. Approximately 2.5% of the company’s shares are sold short. Based on an average trading volume of 11,315 shares, the short-interest ratio is presently 4.0 days.

Alternative Access First Priority CLO Bond ETF Trading Down 0.6%

Shares of NYSEARCA:AAA traded down $0.14 on Friday, hitting $24.85. The company had a trading volume of 13,976 shares, compared to its average volume of 13,919. Alternative Access First Priority CLO Bond ETF has a 1 year low of $24.67 and a 1 year high of $25.18. The firm’s 50-day simple moving average is $24.97 and its two-hundred day simple moving average is $24.97.

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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