Short Interest in Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) Increases By 223.2%

Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 242,485 shares, an increase of 223.2% from the July 30th total of 75,028 shares. Approximately 2.0% of the company’s stock are short sold. Based on an average daily volume of 115,826 shares, the short-interest ratio is currently 2.1 days.

Invesco AAA CLO Floating Rate Note ETF Stock Performance

BATS:ICLO traded up $0.01 on Thursday, reaching $25.59. The stock had a trading volume of 40,685 shares, compared to its average volume of 142,135. The company has a 50-day moving average of $25.60 and a 200 day moving average of $25.57. Invesco AAA CLO Floating Rate Note ETF has a 12-month low of $25.23 and a 12-month high of $25.72.

Institutional Investors Weigh In On Invesco AAA CLO Floating Rate Note ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. LPL Financial LLC lifted its position in shares of Invesco AAA CLO Floating Rate Note ETF by 38.4% during the fourth quarter. LPL Financial LLC now owns 3,384,749 shares of the company’s stock worth $86,480,000 after purchasing an additional 939,632 shares during the last quarter. Invesco Ltd. increased its holdings in Invesco AAA CLO Floating Rate Note ETF by 247.3% in the third quarter. Invesco Ltd. now owns 955,770 shares of the company’s stock valued at $24,477,000 after buying an additional 680,588 shares during the last quarter. Cetera Investment Advisers increased its holdings in Invesco AAA CLO Floating Rate Note ETF by 775.6% in the first quarter. Cetera Investment Advisers now owns 412,542 shares of the company’s stock valued at $10,524,000 after buying an additional 365,424 shares during the last quarter. Stewardship Advisors LLC acquired a new stake in Invesco AAA CLO Floating Rate Note ETF during the first quarter valued at approximately $5,007,000. Finally, Jane Street Group LLC raised its stake in Invesco AAA CLO Floating Rate Note ETF by 602.1% during the second quarter. Jane Street Group LLC now owns 187,225 shares of the company’s stock valued at $4,785,000 after buying an additional 160,559 shares in the last quarter.

About Invesco AAA CLO Floating Rate Note ETF

The Invesco Aaa Clo Floating Rate Note ETF (ICLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in USD-denominated floating rate CLOs that are rated AAA or equivalent. ICLO was launched on Dec 9, 2022 and is managed by Invesco.