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

Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAA) saw a large drop in short interest in April. As of April 15th, there was short interest totaling 566 shares, a drop of 89.6% from the March 31st total of 5,455 shares. Based on an average daily volume of 7,521 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Alternative Access First Priority CLO Bond ETF Price Performance

Shares of AAA traded down $0.05 during trading hours on Friday, reaching $24.93. The stock had a trading volume of 2,171 shares, compared to its average volume of 7,797. Alternative Access First Priority CLO Bond ETF has a 12 month low of $24.75 and a 12 month high of $25.14. The firm has a 50-day simple moving average of $24.98 and a 200 day simple moving average of $25.00.

Alternative Access First Priority CLO Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were issued a $0.0942 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Friday, February 27th.

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.