Short Interest in iShares AAA CLO Active ETF (NASDAQ:CLOA) Decreases By 66.6%

iShares AAA CLO Active ETF (NASDAQ:CLOA) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 44,920 shares, a drop of 66.6% from the May 31st total of 134,645 shares. Based on an average daily trading volume, of 408,994 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

iShares AAA CLO Active ETF Stock Up 0.0%

iShares AAA CLO Active ETF stock traded up $0.01 during midday trading on Friday, reaching $51.92. 289,981 shares of the company traded hands, compared to its average volume of 531,777. iShares AAA CLO Active ETF has a 12 month low of $51.53 and a 12 month high of $52.05. The business has a 50 day moving average of $51.89 and a two-hundred day moving average of $51.83.

iShares AAA CLO Active ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.2046 per share. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.7%. This is a boost from iShares AAA CLO Active ETF’s previous monthly dividend of $0.19.

Hedge Funds Weigh In On iShares AAA CLO Active ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Cornerstone Planning Group LLC purchased a new stake in iShares AAA CLO Active ETF during the first quarter valued at $26,000. Farther Finance Advisors LLC purchased a new position in iShares AAA CLO Active ETF in the fourth quarter worth about $31,000. EverSource Wealth Advisors LLC bought a new stake in shares of iShares AAA CLO Active ETF during the 1st quarter valued at about $45,000. Private Trust Co. NA grew its stake in shares of iShares AAA CLO Active ETF by 87.7% during the 4th quarter. Private Trust Co. NA now owns 1,081 shares of the company’s stock valued at $56,000 after purchasing an additional 505 shares during the period. Finally, Imprint Wealth LLC purchased a new stake in shares of iShares AAA CLO Active ETF during the 3rd quarter valued at about $67,000.

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.