iShares AAA CLO Active ETF (NASDAQ:CLOA) Stock Short Interest Report for September

iShares AAA CLO Active ETF (NASDAQ:CLOA) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 380,300 shares, a growth of 415.2% from the September 15th total of 73,816 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 644,997 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CLOA. Farther Finance Advisors LLC grew its stake in shares of iShares AAA CLO Active ETF by 74.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 18,406 shares of the company’s stock worth $955,000 after acquiring an additional 7,850 shares during the period. Cox Capital Mgt LLC raised its stake in iShares AAA CLO Active ETF by 4.5% in the 3rd quarter. Cox Capital Mgt LLC now owns 33,612 shares of the company’s stock valued at $1,744,000 after acquiring an additional 1,434 shares during the period. Markowski Investments bought a new stake in iShares AAA CLO Active ETF in the 2nd quarter valued at about $200,000. Kickstand Ventures LLC. lifted its holdings in iShares AAA CLO Active ETF by 2.9% during the second quarter. Kickstand Ventures LLC. now owns 128,098 shares of the company’s stock valued at $6,650,000 after purchasing an additional 3,559 shares during the last quarter. Finally, Trust Co. of Vermont purchased a new stake in iShares AAA CLO Active ETF during the second quarter valued at about $68,000.

iShares AAA CLO Active ETF Stock Performance

NASDAQ CLOA remained flat at $51.81 during trading hours on Monday. 777,001 shares of the company were exchanged, compared to its average volume of 560,796. iShares AAA CLO Active ETF has a 1-year low of $51.53 and a 1-year high of $52.05. The firm has a 50-day simple moving average of $51.87 and a 200 day simple moving average of $51.86.

iShares AAA CLO Active ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a $0.2022 dividend. This is a drop from iShares AAA CLO Active ETF’s previous monthly dividend of $0.2132. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.43 dividend on an annualized basis and a dividend yield of 4.7%.

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.