Short Interest in iShares AAA CLO Active ETF (NASDAQ:CLOA) Drops By 42.4%

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 45,060 shares, a drop of 42.4% from the December 31st total of 78,296 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 696,556 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 696,556 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Trading of iShares AAA CLO Active ETF

Large investors have recently added to or reduced their stakes in the business. Flow Traders U.S. LLC acquired a new position in iShares AAA CLO Active ETF during the second quarter worth $977,000. Bulwark Capital Corp increased its holdings in shares of iShares AAA CLO Active ETF by 133.9% during the 3rd quarter. Bulwark Capital Corp now owns 23,591 shares of the company’s stock valued at $1,226,000 after acquiring an additional 13,506 shares during the last quarter. Duncan Williams Asset Management LLC acquired a new position in shares of iShares AAA CLO Active ETF during the 2nd quarter valued at about $5,740,000. Kickstand Ventures LLC. raised its stake in shares of iShares AAA CLO Active ETF by 2.2% in the 2nd quarter. Kickstand Ventures LLC. now owns 110,557 shares of the company’s stock valued at $5,740,000 after acquiring an additional 2,355 shares in the last quarter. Finally, Cox Capital Mgt LLC lifted its holdings in iShares AAA CLO Active ETF by 3.3% in the 3rd quarter. Cox Capital Mgt LLC now owns 25,642 shares of the company’s stock worth $1,332,000 after purchasing an additional 815 shares during the last quarter.

iShares AAA CLO Active ETF Stock Performance

NASDAQ:CLOA remained flat at $52.04 during trading hours on Friday. 215,742 shares of the company were exchanged, compared to its average volume of 538,052. iShares AAA CLO Active ETF has a 1 year low of $50.61 and a 1 year high of $52.05. The stock has a 50 day moving average price of $51.83 and a 200-day moving average price of $51.84.

iShares AAA CLO Active ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.2264 dividend. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a yield of 5.2%. This is a boost from iShares AAA CLO Active ETF’s previous monthly dividend of $0.21.

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.