VanEck AA-BB CLO ETF (NYSEARCA:CLOB – Get Free Report) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 6,860 shares, a decrease of 39.0% from the June 15th total of 11,239 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 8,512 shares, the short-interest ratio is currently 0.8 days.
VanEck AA-BB CLO ETF Stock Down 0.1%
Shares of VanEck AA-BB CLO ETF stock traded down $0.04 during trading on Thursday, reaching $50.30. The company’s stock had a trading volume of 1,192 shares, compared to its average volume of 15,771. The business has a 50 day moving average price of $50.42 and a 200-day moving average price of $50.39. VanEck AA-BB CLO ETF has a 12-month low of $49.28 and a 12-month high of $51.17.
Institutional Investors Weigh In On VanEck AA-BB CLO ETF
Several institutional investors have recently made changes to their positions in the stock. Mpwm Advisory Solutions LLC acquired a new stake in shares of VanEck AA-BB CLO ETF in the third quarter valued at about $41,000. International Assets Investment Management LLC acquired a new position in VanEck AA-BB CLO ETF during the fourth quarter worth about $43,000. Tower Research Capital LLC TRC acquired a new position in VanEck AA-BB CLO ETF during the second quarter worth about $84,000. Osaic Holdings Inc. purchased a new position in VanEck AA-BB CLO ETF in the second quarter valued at about $206,000. Finally, EP Wealth Advisors LLC purchased a new position in VanEck AA-BB CLO ETF in the second quarter valued at about $336,000.
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.
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