Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) Short Interest Down 87.0% in August

Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 31,555 shares, a decline of 87.0% from the August 15th total of 242,485 shares. Based on an average daily trading volume, of 105,356 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the company’s stock are short sold.

Invesco AAA CLO Floating Rate Note ETF Stock Performance

BATS ICLO opened at $25.62 on Friday. Invesco AAA CLO Floating Rate Note ETF has a 52 week low of $25.23 and a 52 week high of $25.72. The company has a 50 day moving average price of $25.60 and a 200 day moving average price of $25.57.

Hedge Funds Weigh In On Invesco AAA CLO Floating Rate Note ETF

A number of large investors have recently made changes to their positions in ICLO. LPL Financial LLC lifted its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 38.4% during the 4th quarter. LPL Financial LLC now owns 3,384,749 shares of the company’s stock valued at $86,480,000 after purchasing an additional 939,632 shares during the last quarter. Invesco Ltd. grew its stake in Invesco AAA CLO Floating Rate Note ETF by 68.4% during the 4th quarter. Invesco Ltd. now owns 1,609,096 shares of the company’s stock worth $41,112,000 after buying an additional 653,326 shares during the last quarter. Cetera Investment Advisers grew its stake in Invesco AAA CLO Floating Rate Note ETF by 775.6% during the 1st quarter. Cetera Investment Advisers now owns 412,542 shares of the company’s stock worth $10,524,000 after buying an additional 365,424 shares during the last quarter. Modern Wealth Management LLC increased its position in Invesco AAA CLO Floating Rate Note ETF by 3.0% during the 1st quarter. Modern Wealth Management LLC now owns 411,985 shares of the company’s stock valued at $10,512,000 after buying an additional 12,079 shares in the last quarter. Finally, Private Advisor Group LLC increased its position in Invesco AAA CLO Floating Rate Note ETF by 32.0% during the 4th quarter. Private Advisor Group LLC now owns 389,848 shares of the company’s stock valued at $9,961,000 after buying an additional 94,558 shares in the last quarter.

About Invesco AAA CLO Floating Rate Note ETF

The Invesco Aaa Clo Floating Rate Note ETF (ICLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in USD-denominated floating rate CLOs that are rated AAA or equivalent. ICLO was launched on Dec 9, 2022 and is managed by Invesco.