iShares BBB-B CLO Active ETF (NASDAQ:BCLO – Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 17,099 shares, an increase of 51.0% from the August 31st total of 11,325 shares. Based on an average daily volume of 17,177 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.9% of the shares of the company are sold short.
iShares BBB-B CLO Active ETF Stock Down 0.0%
Shares of NASDAQ BCLO opened at $50.02 on Thursday. The business’s 50 day moving average is $49.69 and its two-hundred day moving average is $49.54. iShares BBB-B CLO Active ETF has a 12 month low of $48.42 and a 12 month high of $50.09.
iShares BBB-B CLO Active ETF Increases Dividend
The business also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were paid a $0.2656 dividend. The ex-dividend date was Tuesday, September 1st. This is a positive change from iShares BBB-B CLO Active ETF’s previous monthly dividend of $0.2571. This represents a $3.19 annualized dividend and a dividend yield of 6.4%.
Hedge Funds Weigh In On iShares BBB-B CLO Active ETF
iShares BBB-B CLO Active ETF Company Profile
The iShares BBB-B CLO Active ETF (BCLO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a portfolio of collateralized loan obligations rated from BBB+ to B-, and of any maturity. These securities are primarily denominated in USD, but may also be denominated in foreign currencies. BCLO was launched on Jan 29, 2025 and is issued by BlackRock.
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