Short Interest in Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) Rises By 75.3%

Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 64,949 shares, an increase of 75.3% from the May 14th total of 37,058 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average trading volume of 34,007 shares, the short-interest ratio is presently 1.9 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of NCLO. Jane Street Group LLC acquired a new position in shares of Nuveen AA-BBB CLO ETF in the second quarter worth about $992,000. Trajan Wealth LLC acquired a new position in shares of Nuveen AA-BBB CLO ETF in the third quarter worth about $338,000. Natixis Advisors LLC raised 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 worth $2,343,000 after acquiring an additional 49,314 shares during the period. Sanctuary Advisors LLC raised its position in shares of Nuveen AA-BBB CLO ETF by 18.2% in the fourth quarter. Sanctuary Advisors LLC now owns 19,215 shares of the company’s stock worth $481,000 after acquiring an additional 2,961 shares during the period. Finally, GC Wealth Management RIA LLC acquired a new position in shares of Nuveen AA-BBB CLO ETF in the fourth quarter worth about $752,000.

Nuveen AA-BBB CLO ETF Trading Up 0.1%

Shares of Nuveen AA-BBB CLO ETF stock traded up $0.02 during trading hours on Tuesday, reaching $25.02. The stock had a trading volume of 16,653 shares, compared to its average volume of 45,155. The stock’s 50 day moving average is $24.99 and its 200 day moving average is $24.98. Nuveen AA-BBB CLO ETF has a twelve month low of $24.22 and a twelve month 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.