iShares AAA CLO Active ETF (NASDAQ:CLOA) Short Interest Down 66.6% in June

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 44,920 shares, a drop of 66.6% from the May 31st total of 134,645 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 408,994 shares, the days-to-cover ratio is presently 0.1 days.

iShares AAA CLO Active ETF Stock Up 0.0%

iShares AAA CLO Active ETF stock traded up $0.01 during midday trading on Monday, reaching $51.93. 344,256 shares of the company traded hands, compared to its average volume of 530,239. iShares AAA CLO Active ETF has a 12 month low of $51.53 and a 12 month high of $52.05. The business has a 50 day moving average of $51.89 and a two-hundred day moving average of $51.83.

iShares AAA CLO Active ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.2046 dividend. This is a positive change from iShares AAA CLO Active ETF’s previous monthly dividend of $0.19. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Monday, June 1st.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CLOA. Cornerstone Planning Group LLC bought a new stake in shares of iShares AAA CLO Active ETF during the 1st quarter valued at $26,000. Farther Finance Advisors LLC bought a new stake in iShares AAA CLO Active ETF during the fourth quarter valued at about $31,000. EverSource Wealth Advisors LLC purchased a new position in shares of iShares AAA CLO Active ETF in the first quarter valued at about $45,000. Private Trust Co. NA boosted its stake in shares of iShares AAA CLO Active ETF by 87.7% in the fourth quarter. Private Trust Co. NA now owns 1,081 shares of the company’s stock worth $56,000 after acquiring an additional 505 shares during the period. Finally, Imprint Wealth LLC bought a new position in shares of iShares AAA CLO Active ETF in the third quarter worth about $67,000.

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.