iShares AAA CLO Active ETF (NASDAQ:CLOA) Short Interest Down 51.1% in March

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 161,800 shares, a decline of 51.1% from the February 28th total of 331,200 shares. Based on an average trading volume of 248,000 shares, the short-interest ratio is currently 0.7 days. Approximately 1.2% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares AAA CLO Active ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its position in shares of iShares AAA CLO Active ETF by 152.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 137,819 shares of the company’s stock worth $7,162,000 after buying an additional 83,204 shares in the last quarter. Concourse Financial Group Securities Inc. increased its stake in shares of iShares AAA CLO Active ETF by 13.0% during the fourth quarter. Concourse Financial Group Securities Inc. now owns 83,782 shares of the company’s stock valued at $4,349,000 after acquiring an additional 9,659 shares during the period. Aureus Asset Management LLC raised its holdings in iShares AAA CLO Active ETF by 482.9% during the third quarter. Aureus Asset Management LLC now owns 48,502 shares of the company’s stock worth $2,521,000 after purchasing an additional 40,181 shares in the last quarter. Cary Street Partners Financial LLC acquired a new stake in iShares AAA CLO Active ETF in the fourth quarter worth approximately $1,631,000. Finally, IFP Advisors Inc boosted its stake in iShares AAA CLO Active ETF by 1.3% during the 4th quarter. IFP Advisors Inc now owns 14,876 shares of the company’s stock valued at $770,000 after purchasing an additional 194 shares in the last quarter.

iShares AAA CLO Active ETF Trading Up 0.1 %

CLOA stock traded up $0.05 during trading on Friday, reaching $51.76. 26,388 shares of the company’s stock were exchanged, compared to its average volume of 144,723. iShares AAA CLO Active ETF has a 1-year low of $51.47 and a 1-year high of $52.12. The company’s fifty day moving average price is $51.84 and its 200-day moving average price is $51.83.

iShares AAA CLO Active ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.2195 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.