iShares AAA CLO Active ETF (NASDAQ:CLOA) Sees Significant Growth in Short Interest

iShares AAA CLO Active ETF (NASDAQ:CLOA – Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 86,701 shares, an increase of 325.5% from the April 30th total of 20,374 shares. Based on an average daily volume of 496,025 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Investors Weigh In On iShares AAA CLO Active ETF

Several hedge funds have recently modified their holdings of CLOA. Cornerstone Planning Group LLC acquired a new stake in shares of iShares AAA CLO Active ETF during the first quarter worth $26,000. Farther Finance Advisors LLC purchased a new position in shares of iShares AAA CLO Active ETF in the fourth quarter valued at $31,000. EverSource Wealth Advisors LLC purchased a new position in shares of iShares AAA CLO Active ETF in the first quarter valued at $45,000. Private Trust Co. NA increased its position in iShares AAA CLO Active ETF by 87.7% during the 4th quarter. Private Trust Co. NA now owns 1,081 shares of the company’s stock worth $56,000 after purchasing an additional 505 shares in the last quarter. Finally, Imprint Wealth LLC purchased a new stake in iShares AAA CLO Active ETF during the 3rd quarter worth about $67,000.

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iShares AAA CLO Active ETF Price Performance

Shares of NASDAQ CLOA opened at $51.99 on Friday. The stock has a fifty day moving average price of $51.85 and a 200 day moving average price of $51.83. iShares AAA CLO Active ETF has a 1-year low of $51.53 and a 1-year high of $52.05.

iShares AAA CLO Active ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a dividend of $0.1971 per share. The ex-dividend date of this dividend was Friday, May 1st.

About iShares AAA CLO Active ETF

(Get Free Report)

The BlackRock AAA CLO ETF (CLOA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated CLOs that are rated AAA. CLOA was launched on Jan 10, 2023 and is managed by BlackRock.

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