iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Short Interest Up 290.1% in July

iShares BBB-B CLO Active ETF (NASDAQ:BCLOGet Free Report) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 48,898 shares, a growth of 290.1% from the July 15th total of 12,535 shares. Approximately 2.9% of the shares of the stock are sold short. Based on an average trading volume of 10,629 shares, the days-to-cover ratio is presently 4.6 days.

iShares BBB-B CLO Active ETF Price Performance

BCLO stock opened at $49.71 on Friday. The firm has a fifty day moving average price of $49.61 and a 200 day moving average price of $49.47. iShares BBB-B CLO Active ETF has a fifty-two week low of $48.42 and a fifty-two week high of $50.22.

iShares BBB-B CLO Active ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were given a dividend of $0.2571 per share. This represents a c) annualized dividend and a yield of 6.2%. This is an increase from iShares BBB-B CLO Active ETF’s previous monthly dividend of $0.25. The ex-dividend date was Monday, August 3rd.

Hedge Funds Weigh In On iShares BBB-B CLO Active ETF

An institutional investor recently raised its position in iShares BBB-B CLO Active ETF stock. Sunbelt Securities Inc. lifted its holdings in iShares BBB-B CLO Active ETF (NASDAQ:BCLOFree Report) by 44.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,304 shares of the company’s stock after buying an additional 2,245 shares during the period. Sunbelt Securities Inc. owned about 0.49% of iShares BBB-B CLO Active ETF worth $362,000 at the end of the most recent reporting period.

About iShares BBB-B CLO Active ETF

(Get Free Report)

The iShares BBB-B CLO Active ETF (BCLO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a portfolio of collateralized loan obligations rated from BBB+ to B-, and of any maturity. These securities are primarily denominated in USD, but may also be denominated in foreign currencies. BCLO was launched on Jan 29, 2025 and is issued by BlackRock.

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