Short Interest in Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) Increases By 157.8%

Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 48,288 shares, a growth of 157.8% from the November 30th total of 18,733 shares. Based on an average daily volume of 70,894 shares, the days-to-cover ratio is currently 0.7 days. Currently, 1.0% of the company’s stock are sold short. Currently, 1.0% of the company’s stock are sold short. Based on an average daily volume of 70,894 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Corrado Advisors LLC grew its stake in Nuveen AA-BBB CLO ETF by 3.6% in the 2nd quarter. Corrado Advisors LLC now owns 71,931 shares of the company’s stock worth $1,807,000 after acquiring an additional 2,512 shares during the period. Jane Street Group LLC acquired a new stake in shares of Nuveen AA-BBB CLO ETF during the second quarter worth $992,000. Trajan Wealth LLC acquired a new stake in shares of Nuveen AA-BBB CLO ETF during the third quarter worth $338,000. Finally, Natixis Advisors LLC grew its position in shares of Nuveen AA-BBB CLO ETF by 112.1% in the third quarter. Natixis Advisors LLC now owns 93,313 shares of the company’s stock valued at $2,343,000 after purchasing an additional 49,314 shares during the period.

Nuveen AA-BBB CLO ETF Stock Performance

Shares of NCLO stock remained flat at $25.00 during midday trading on Friday. The company’s stock had a trading volume of 13,497 shares, compared to its average volume of 41,531. The stock has a 50-day simple moving average of $25.07 and a 200 day simple moving average of $25.06. Nuveen AA-BBB CLO ETF has a one year low of $23.98 and a one year high of $25.27.

Nuveen AA-BBB CLO ETF Company Profile

The Nuveen AA-BBB CLO ETF (NCLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, seeking total return through investments in USD-denominated, investment-grade collateralized loan obligations (CLOs) of any maturity. NCLO was launched on Dec 10, 2024 and is issued by Nuveen.