VanEck AA-BB CLO ETF (NYSEARCA:CLOB) Short Interest Up 81.6% in August

VanEck AA-BB CLO ETF (NYSEARCA:CLOB) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 22,844 shares, an increase of 81.6% from the July 30th total of 12,579 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 14,390 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CLOB. Mpwm Advisory Solutions LLC acquired a new stake in shares of VanEck AA-BB CLO ETF during the 3rd quarter valued at $41,000. International Assets Investment Management LLC bought a new position in VanEck AA-BB CLO ETF in the fourth quarter valued at about $43,000. Tower Research Capital LLC TRC acquired a new stake in shares of VanEck AA-BB CLO ETF during the second quarter valued at about $84,000. Osaic Holdings Inc. acquired a new stake in shares of VanEck AA-BB CLO ETF during the second quarter valued at about $206,000. Finally, EP Wealth Advisors LLC bought a new stake in shares of VanEck AA-BB CLO ETF during the second quarter worth about $336,000.

VanEck AA-BB CLO ETF Stock Up 0.1%

Shares of CLOB stock traded up $0.04 on Friday, reaching $50.53. The company had a trading volume of 3,080 shares, compared to its average volume of 15,972. The business’s 50-day moving average is $50.35 and its 200 day moving average is $50.29. VanEck AA-BB CLO ETF has a one year low of $49.28 and a one year high of $51.17.

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.