iShares AAA CLO Active ETF (NASDAQ:CLOA) Short Interest Down 56.0% in November

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the recipient of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 26,300 shares, a drop of 56.0% from the November 15th total of 59,800 shares. Based on an average daily trading volume, of 123,400 shares, the short-interest ratio is presently 0.2 days.

iShares AAA CLO Active ETF Stock Up 0.1 %

Shares of CLOA stock opened at $51.85 on Friday. The stock has a 50-day moving average of $51.84 and a 200-day moving average of $51.85. iShares AAA CLO Active ETF has a one year low of $50.93 and a one year high of $52.12.

iShares AAA CLO Active ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were paid a $0.2605 dividend. The ex-dividend date of this dividend was Monday, December 2nd.

Hedge Funds Weigh In On iShares AAA CLO Active ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in CLOA. Comerica Bank acquired a new stake in iShares AAA CLO Active ETF during the 1st quarter worth $467,000. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares AAA CLO Active ETF by 10.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,955 shares of the company’s stock valued at $413,000 after purchasing an additional 775 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in iShares AAA CLO Active ETF during the 2nd quarter worth approximately $3,819,000. Brookstone Capital Management acquired a new stake in iShares AAA CLO Active ETF during the 2nd quarter worth approximately $7,205,000. Finally, First Horizon Advisors Inc. acquired a new stake in iShares AAA CLO Active ETF during the 2nd quarter worth approximately $60,000.

iShares AAA CLO Active ETF Company Profile

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.