iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Short Interest Update

iShares BBB-B CLO Active ETF (NASDAQ:BCLO) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 13,500 shares, a decline of 54.2% from the August 31st total of 29,500 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 3.5 days. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 3.5 days.

iShares BBB-B CLO Active ETF Trading Up 0.1%

NASDAQ BCLO opened at $49.96 on Friday. The company’s 50 day simple moving average is $49.97 and its 200 day simple moving average is $49.62. iShares BBB-B CLO Active ETF has a 12 month low of $47.55 and a 12 month high of $50.56.

iShares BBB-B CLO Active ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be issued a $0.2875 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date is Wednesday, October 1st. This is an increase from iShares BBB-B CLO Active ETF’s previous monthly dividend of $0.28.

About iShares BBB-B CLO Active ETF

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.