iShares AAA CLO Active ETF (NASDAQ:CLOA) Short Interest Update

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 59,800 shares, a drop of 62.3% from the October 31st total of 158,600 shares. Based on an average trading volume of 129,700 shares, the days-to-cover ratio is currently 0.5 days.

iShares AAA CLO Active ETF Trading Down 0.0 %

Shares of NASDAQ:CLOA traded down $0.01 on Thursday, reaching $51.96. The company had a trading volume of 54,895 shares, compared to its average volume of 87,353. iShares AAA CLO Active ETF has a 52-week low of $50.93 and a 52-week high of $52.02. The firm’s 50 day simple moving average is $51.85 and its 200-day simple moving average is $51.85.

iShares AAA CLO Active ETF Cuts Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Aureus Asset Management LLC grew its holdings in iShares AAA CLO Active ETF by 482.9% in the third quarter. Aureus Asset Management LLC now owns 48,502 shares of the company’s stock worth $2,521,000 after purchasing an additional 40,181 shares during the last quarter. First Horizon Advisors Inc. grew its stake in iShares AAA CLO Active ETF by 45.7% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,690 shares of the company’s stock worth $88,000 after buying an additional 530 shares during the last quarter. Concourse Financial Group Securities Inc. increased its position in iShares AAA CLO Active ETF by 4.7% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 74,123 shares of the company’s stock valued at $3,852,000 after buying an additional 3,308 shares in the last quarter. Freestate Advisors LLC purchased a new stake in iShares AAA CLO Active ETF in the third quarter valued at about $258,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in shares of iShares AAA CLO Active ETF by 71.8% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 19,172 shares of the company’s stock worth $996,000 after acquiring an additional 8,012 shares during the last quarter.

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.