VanEck AA-BB CLO ETF (NYSEARCA:CLOB) Short Interest Update

VanEck AA-BB CLO ETF (NYSEARCA:CLOB) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 25,070 shares, a growth of 19.5% from the December 15th total of 20,983 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average trading volume of 15,925 shares, the short-interest ratio is presently 1.6 days. Based on an average trading volume of 15,925 shares, the short-interest ratio is presently 1.6 days. Approximately 0.8% of the shares of the company are sold short.

VanEck AA-BB CLO ETF Stock Performance

Shares of CLOB stock traded up $0.02 during trading hours on Monday, reaching $50.87. The company had a trading volume of 10,453 shares, compared to its average volume of 15,859. The business has a fifty day moving average price of $50.84 and a 200-day moving average price of $50.82. VanEck AA-BB CLO ETF has a one year low of $45.00 and a one year high of $51.17.

Hedge Funds Weigh In On VanEck AA-BB CLO ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Mpwm Advisory Solutions LLC bought a new stake in shares of VanEck AA-BB CLO ETF in the third quarter worth $41,000. Ferguson Shapiro LLC purchased a new position in VanEck AA-BB CLO ETF in the third quarter worth about $493,000. Independence Asset Advisors LLC grew its position in VanEck AA-BB CLO ETF by 126.7% during the third quarter. Independence Asset Advisors LLC now owns 882,028 shares of the company’s stock valued at $44,971,000 after buying an additional 492,971 shares during the period. Darwin Wealth Management LLC grew its position in VanEck AA-BB CLO ETF by 2.5% during the third quarter. Darwin Wealth Management LLC now owns 156,334 shares of the company’s stock valued at $7,971,000 after buying an additional 3,739 shares during the period. Finally, Castleview Partners LLC increased its holdings in VanEck AA-BB CLO ETF by 14.9% during the third quarter. Castleview Partners LLC now owns 41,364 shares of the company’s stock valued at $2,109,000 after buying an additional 5,355 shares during the last quarter.

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.