Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO – Get Free Report) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 64,949 shares, an increase of 75.3% from the May 14th total of 37,058 shares. Approximately 1.1% of the shares of the company are short sold. Based on an average trading volume of 34,007 shares, the days-to-cover ratio is currently 1.9 days.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the stock. Diversified Portfolios Inc. acquired a new position in Nuveen AA-BBB CLO ETF in the fourth quarter valued at approximately $19,070,000. Natixis Advisors LLC lifted its holdings in Nuveen AA-BBB CLO ETF by 112.1% in the third quarter. Natixis Advisors LLC now owns 93,313 shares of the company’s stock valued at $2,343,000 after acquiring an additional 49,314 shares during the period. Corrado Advisors LLC lifted its holdings in Nuveen AA-BBB CLO ETF by 6.4% in the fourth quarter. Corrado Advisors LLC now owns 79,182 shares of the company’s stock valued at $1,984,000 after acquiring an additional 4,751 shares during the period. Jane Street Group LLC acquired a new position in Nuveen AA-BBB CLO ETF in the second quarter valued at approximately $992,000. Finally, GC Wealth Management RIA LLC acquired a new position in Nuveen AA-BBB CLO ETF in the fourth quarter valued at approximately $752,000.
Nuveen AA-BBB CLO ETF Trading Up 0.0%
NYSEARCA:NCLO traded up $0.01 during trading hours on Monday, reaching $25.00. The company had a trading volume of 183,957 shares, compared to its average volume of 45,408. Nuveen AA-BBB CLO ETF has a 1-year low of $24.22 and a 1-year high of $25.27. The business’s 50 day moving average price is $24.99 and its 200-day moving average price is $24.98.
About Nuveen AA-BBB CLO ETF
The Nuveen AA-BBB CLO ETF (NCLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, seeking total return through investments in USD-denominated, investment-grade collateralized loan obligations (CLOs) of any maturity. NCLO was launched on Dec 10, 2024 and is issued by Nuveen.
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