Short Interest in iShares AAA CLO Active ETF (NASDAQ:CLOA) Increases By 181.7%

Posted by Doug Madison on Nov 14th, 2024

iShares AAA CLO Active ETF (NASDAQ:CLOA – Get Free Report) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 158,600 shares, an increase of 181.7% from the October 15th total of 56,300 shares. Based on an average trading volume of 118,000 shares, the short-interest ratio is currently 1.3 days.

iShares AAA CLO Active ETF Stock Performance

Shares of CLOA remained flat at $51.87 during mid-day trading on Thursday. 82,511 shares of the stock traded hands, compared to its average volume of 84,979. The company has a 50-day moving average price of $51.83 and a 200-day moving average price of $51.83. iShares AAA CLO Active ETF has a 52-week low of $50.93 and a 52-week high of $52.02.

iShares AAA CLO Active ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.2682 dividend. The ex-dividend date of this dividend was Friday, November 1st.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CLOA. First Horizon Advisors Inc. purchased a new position in iShares AAA CLO Active ETF in the second quarter worth $60,000. LGT Financial Advisors LLC acquired a new position in iShares AAA CLO Active ETF during the 2nd quarter valued at about $114,000. Chris Bulman Inc purchased a new stake in iShares AAA CLO Active ETF in the second quarter valued at about $147,000. SigFig Wealth Management LLC acquired a new stake in iShares AAA CLO Active ETF in the second quarter worth about $237,000. Finally, Freestate Advisors LLC purchased a new stake in shares of iShares AAA CLO Active ETF during the third quarter worth about $258,000.

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.