Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAA) Short Interest Update

Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAA) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 12,745 shares, an increase of 437.3% from the June 30th total of 2,372 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 8,596 shares, the days-to-cover ratio is presently 1.5 days.

Alternative Access First Priority CLO Bond ETF Trading Up 0.2%

Shares of AAA stock traded up $0.04 during trading hours on Friday, hitting $25.04. The stock had a trading volume of 8,822 shares, compared to its average volume of 9,233. Alternative Access First Priority CLO Bond ETF has a one year low of $24.67 and a one year high of $25.14. The stock’s 50-day moving average price is $24.97 and its two-hundred day moving average price is $24.98.

Insider Activity at Alternative Access First Priority CLO Bond ETF

In other Alternative Access First Priority CLO Bond ETF news, EVP Matthew T. Reed sold 4,600 shares of the stock in a transaction dated Wednesday, July 22nd. The shares were sold at an average price of $46.82, for a total transaction of $215,372.00. Following the completion of the transaction, the executive vice president owned 71,770 shares of the company’s stock, valued at $3,360,271.40. This represents a 6.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Alternative Access First Priority CLO Bond ETF Company Profile

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.