Short Interest in iShares AAA CLO Active ETF (NASDAQ:CLOA) Expands By 58.6%

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 31,400 shares, a growth of 58.6% from the December 15th total of 19,800 shares. Based on an average daily volume of 135,000 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CLOA. PSI Advisors LLC boosted its stake in shares of iShares AAA CLO Active ETF by 76.2% during the 4th quarter. PSI Advisors LLC now owns 916 shares of the company’s stock worth $47,000 after buying an additional 396 shares during the last quarter. First Horizon Advisors Inc. boosted its position in iShares AAA CLO Active ETF by 45.7% during the third quarter. First Horizon Advisors Inc. now owns 1,690 shares of the company’s stock valued at $88,000 after purchasing an additional 530 shares during the last quarter. Freestate Advisors LLC bought a new position in iShares AAA CLO Active ETF in the third quarter valued at approximately $258,000. High Falls Advisors Inc bought a new position in iShares AAA CLO Active ETF in the second quarter valued at approximately $512,000. Finally, Invst LLC bought a new stake in shares of iShares AAA CLO Active ETF during the 2nd quarter worth approximately $576,000.

iShares AAA CLO Active ETF Stock Up 0.1 %

Shares of iShares AAA CLO Active ETF stock traded up $0.04 during trading hours on Friday, hitting $51.96. The company’s stock had a trading volume of 143,821 shares, compared to its average volume of 187,445. The stock has a 50 day moving average of $51.82 and a 200 day moving average of $51.83. iShares AAA CLO Active ETF has a 12 month low of $51.46 and a 12 month high of $52.12.

iShares AAA CLO Active ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.2447 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

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.