Short Interest in iShares AAA CLO Active ETF (NASDAQ:CLOA) Expands By 58.6%

iShares AAA CLO Active ETF (NASDAQ:CLOA) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 31,400 shares, a growth of 58.6% from the December 15th total of 19,800 shares. Based on an average daily volume of 135,000 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. PSI Advisors LLC grew its stake in shares of iShares AAA CLO Active ETF by 76.2% during the 4th quarter. PSI Advisors LLC now owns 916 shares of the company’s stock worth $47,000 after purchasing an additional 396 shares during the period. First Horizon Advisors Inc. boosted its holdings in iShares AAA CLO Active ETF by 45.7% during the third quarter. First Horizon Advisors Inc. now owns 1,690 shares of the company’s stock worth $88,000 after buying an additional 530 shares in the last quarter. Freestate Advisors LLC acquired a new stake in iShares AAA CLO Active ETF during the third quarter valued at $258,000. High Falls Advisors Inc purchased a new position in iShares AAA CLO Active ETF in the second quarter valued at $512,000. Finally, Invst LLC purchased a new position in iShares AAA CLO Active ETF in the second quarter valued at $576,000.

iShares AAA CLO Active ETF Price Performance

NASDAQ:CLOA traded up $0.04 during mid-day trading on Friday, hitting $51.96. The company’s stock had a trading volume of 159,944 shares, compared to its average volume of 187,902. The business’s fifty day moving average is $51.82 and its two-hundred day moving average is $51.83. iShares AAA CLO Active ETF has a 1 year low of $51.46 and a 1 year high of $52.12.

iShares AAA CLO Active ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.2447 per share. The ex-dividend date was Wednesday, December 18th.

iShares AAA CLO Active ETF Company Profile

The BlackRock AAA CLO ETF (CLOA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated CLOs that are rated AAA. CLOA was launched on Jan 10, 2023 and is managed by BlackRock.