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

iShares AAA CLO Active ETF (NASDAQ:CLOA) saw a large 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 trading 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

A number of hedge funds and other institutional investors have recently made changes to their positions in CLOA. Cornerstone Planning Group LLC acquired a new stake in shares of iShares AAA CLO Active ETF during the 1st quarter worth approximately $26,000. Farther Finance Advisors LLC acquired a new stake in shares of iShares AAA CLO Active ETF during the 4th quarter worth approximately $31,000. EverSource Wealth Advisors LLC acquired a new stake in shares of iShares AAA CLO Active ETF during the 1st quarter worth approximately $45,000. Private Trust Co. NA grew its stake in shares of 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 during the period. Finally, Imprint Wealth LLC acquired a new stake in shares of iShares AAA CLO Active ETF during the 3rd quarter worth approximately $67,000.

iShares AAA CLO Active ETF Stock Performance

Shares of NASDAQ:CLOA opened at $51.99 on Friday. iShares AAA CLO Active ETF has a twelve month low of $51.53 and a twelve month high of $52.05. The company’s 50 day moving average is $51.85 and its 200 day moving average is $51.83.

iShares AAA CLO Active ETF Dividend Announcement

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

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.