iShares AAA CLO Active ETF (NASDAQ:CLOA) Sees Large Decrease in Short Interest

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 47,825 shares, a decline of 35.4% from the November 30th total of 74,062 shares. Based on an average trading volume of 533,885 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 533,885 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On iShares AAA CLO Active ETF

Hedge funds have recently made changes to their positions in the business. Private Trust Co. NA bought a new position in shares of iShares AAA CLO Active ETF during the 3rd quarter worth about $30,000. First Horizon Advisors Inc. raised its position in iShares AAA CLO Active ETF by 51.7% in the second quarter. First Horizon Advisors Inc. now owns 581 shares of the company’s stock worth $30,000 after purchasing an additional 198 shares in the last quarter. Imprint Wealth LLC bought a new position in iShares AAA CLO Active ETF during the third quarter worth about $67,000. Huntington National Bank boosted its holdings in iShares AAA CLO Active ETF by 30.5% during the second quarter. Huntington National Bank now owns 2,593 shares of the company’s stock valued at $135,000 after purchasing an additional 606 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of iShares AAA CLO Active ETF by 93.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,810 shares of the company’s stock valued at $198,000 after purchasing an additional 1,838 shares during the period.

iShares AAA CLO Active ETF Stock Performance

Shares of CLOA stock opened at $51.71 on Tuesday. iShares AAA CLO Active ETF has a 12 month low of $50.61 and a 12 month high of $52.05. The stock has a 50 day moving average of $51.81 and a two-hundred day moving average of $51.83.

iShares AAA CLO Active ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a $0.2264 dividend. This represents a c) annualized dividend and a yield of 5.3%. This is an increase from iShares AAA CLO Active ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Friday, December 19th.

About iShares AAA CLO Active ETF

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.