Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO – Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 64,949 shares, a growth of 75.3% from the May 14th total of 37,058 shares. Based on an average daily volume of 34,007 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.1% of the shares of the company are short sold.
Nuveen AA-BBB CLO ETF Trading Up 0.0%
Shares of Nuveen AA-BBB CLO ETF stock traded up $0.01 on Monday, reaching $25.00. 183,957 shares of the stock were exchanged, compared to its average volume of 45,408. Nuveen AA-BBB CLO ETF has a twelve month low of $24.22 and a twelve month high of $25.27. The business has a 50 day moving average price of $24.99 and a two-hundred day moving average price of $24.98.
Institutional Investors Weigh In On Nuveen AA-BBB CLO ETF
Institutional investors and hedge funds have recently modified their holdings of the company. Harbour Investments Inc. lifted its holdings in shares of Nuveen AA-BBB CLO ETF by 1,683.4% during the fourth quarter. Harbour Investments Inc. now owns 7,098 shares of the company’s stock worth $178,000 after purchasing an additional 6,700 shares during the period. Closed End Fund Advisors Inc. acquired a new stake in shares of Nuveen AA-BBB CLO ETF during the fourth quarter worth about $218,000. Royal Bank of Canada acquired a new stake in shares of Nuveen AA-BBB CLO ETF during the first quarter worth about $297,000. Trajan Wealth LLC acquired a new stake in shares of Nuveen AA-BBB CLO ETF during the third quarter worth about $338,000. Finally, Sunbelt Securities Inc. acquired a new stake in shares of Nuveen AA-BBB CLO ETF during the fourth quarter worth about $440,000.
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.
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