Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) Sees Significant Decline in Short Interest

Invesco AAA CLO Floating Rate Note ETF (BATS:ICLOGet Free Report) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 31,555 shares, a decline of 87.0% from the August 15th total of 242,485 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 105,356 shares, the short-interest ratio is currently 0.3 days.

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

Several institutional investors have recently bought and sold shares of ICLO. NewEdge Advisors LLC bought a new position in Invesco AAA CLO Floating Rate Note ETF during the 1st quarter valued at $297,000. Jane Street Group LLC bought a new stake in shares of Invesco AAA CLO Floating Rate Note ETF in the 1st quarter worth $680,000. Bank of America Corp DE grew its stake in shares of Invesco AAA CLO Floating Rate Note ETF by 9.1% in the 2nd quarter. Bank of America Corp DE now owns 84,142 shares of the company’s stock worth $2,151,000 after acquiring an additional 6,992 shares in the last quarter. Asset Allocation Strategies LLC purchased a new stake in shares of Invesco AAA CLO Floating Rate Note ETF in the second quarter valued at about $1,769,000. Finally, Invesco Ltd. raised its holdings in shares of 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 purchasing an additional 680,588 shares during the last quarter.

Invesco AAA CLO Floating Rate Note ETF Price Performance

Shares of Invesco AAA CLO Floating Rate Note ETF stock opened at $25.64 on Friday. Invesco AAA CLO Floating Rate Note ETF has a 52 week low of $25.23 and a 52 week high of $25.72. The business has a 50 day moving average price of $25.60 and a 200-day moving average price of $25.57.

Invesco AAA CLO Floating Rate Note ETF Company Profile

(Get Free Report)

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.

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