Short Interest in iShares AAA CLO Active ETF (NASDAQ:CLOA) Grows By 181.7%

Posted by Logan Wallace on Nov 15th, 2024

iShares AAA CLO Active ETF (NASDAQ:CLOA – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 158,600 shares, a growth of 181.7% from the October 15th total of 56,300 shares. Based on an average daily trading volume, of 118,000 shares, the short-interest ratio is presently 1.3 days.

iShares AAA CLO Active ETF Stock Performance

Shares of CLOA stock opened at $51.87 on Friday. The firm has a fifty day moving average of $51.83 and a 200-day moving average of $51.83. iShares AAA CLO Active ETF has a 52-week low of $50.93 and a 52-week high of $52.02.

iShares AAA CLO Active ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.2682 dividend. The ex-dividend date was Friday, November 1st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Horizon Advisors Inc. acquired a new position in shares of iShares AAA CLO Active ETF in the 2nd quarter worth approximately $60,000. LGT Financial Advisors LLC acquired a new position in iShares AAA CLO Active ETF during the second quarter worth $114,000. Chris Bulman Inc bought a new position in shares of iShares AAA CLO Active ETF during the second quarter valued at $147,000. SigFig Wealth Management LLC acquired a new stake in shares of iShares AAA CLO Active ETF in the 2nd quarter valued at $237,000. Finally, Freestate Advisors LLC bought a new stake in shares of iShares AAA CLO Active ETF in the 3rd quarter worth about $258,000.

iShares AAA CLO Active ETF Company Profile

(Get Free Report)

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.