VanEck AA-BB CLO ETF (NYSEARCA:CLOB) Short Interest Down 30.7% in March

VanEck AA-BB CLO ETF (NYSEARCA:CLOB) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totaling 8,577 shares, a decrease of 30.7% from the March 15th total of 12,378 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 11,417 shares, the short-interest ratio is currently 0.8 days.

VanEck AA-BB CLO ETF Trading Down 0.0%

Shares of NYSEARCA CLOB opened at $49.89 on Tuesday. The firm’s 50-day simple moving average is $50.17 and its 200 day simple moving average is $50.61. VanEck AA-BB CLO ETF has a 12-month low of $48.82 and a 12-month high of $51.17.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Independence Asset Advisors LLC lifted its position in VanEck AA-BB CLO ETF by 1.5% during the 4th quarter. Independence Asset Advisors LLC now owns 895,536 shares of the company’s stock worth $45,375,000 after buying an additional 13,508 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of VanEck AA-BB CLO ETF by 187.3% during the second quarter. Jane Street Group LLC now owns 202,298 shares of the company’s stock valued at $10,281,000 after acquiring an additional 131,895 shares during the period. Darwin Wealth Management LLC lifted its stake in shares of VanEck AA-BB CLO ETF by 2.0% during the fourth quarter. Darwin Wealth Management LLC now owns 159,453 shares of the company’s stock valued at $8,079,000 after acquiring an additional 3,119 shares during the period. Axxcess Wealth Management LLC acquired a new position in shares of VanEck AA-BB CLO ETF during the fourth quarter valued at $8,031,000. Finally, L & S Advisors Inc lifted its stake in shares of VanEck AA-BB CLO ETF by 320.8% during the fourth quarter. L & S Advisors Inc now owns 140,445 shares of the company’s stock valued at $7,116,000 after acquiring an additional 107,073 shares during the period.

VanEck AA-BB CLO ETF Company Profile

The VanEck AA-BB CLO ETF (CLOB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in collateralized loan obligations (CLOs) of any maturity that are rated between AA+ and BB-. While targeting USD-denominated high-quality CLOs, the fund may still hold high-yield bonds in foreign currency. CLOB was launched on Sep 24, 2024 and is issued by VanEck.