VanEck AA-BB CLO ETF (NYSEARCA:CLOB) Short Interest Update

VanEck AA-BB CLO ETF (NYSEARCA:CLOB) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 6,860 shares, a drop of 39.0% from the June 15th total of 11,239 shares. Based on an average trading volume of 8,512 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.2% of the company’s shares are sold short.

VanEck AA-BB CLO ETF Stock Down 0.1%

CLOB stock traded down $0.04 during midday trading on Thursday, hitting $50.30. The stock had a trading volume of 1,192 shares, compared to its average volume of 15,771. The company’s 50-day moving average price is $50.42 and its 200 day moving average price is $50.39. VanEck AA-BB CLO ETF has a 12-month low of $49.28 and a 12-month high of $51.17.

Institutional Investors Weigh In On VanEck AA-BB CLO ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Axxcess Wealth Management LLC acquired a new stake in VanEck AA-BB CLO ETF in the 4th quarter worth about $8,031,000. Darwin Wealth Management LLC acquired a new position in shares of VanEck AA-BB CLO ETF during the 2nd quarter valued at about $7,755,000. Jane Street Group LLC lifted its holdings in shares of VanEck AA-BB CLO ETF by 187.3% during the 2nd quarter. Jane Street Group LLC now owns 202,298 shares of the company’s stock worth $10,281,000 after acquiring an additional 131,895 shares during the period. L & S Advisors Inc lifted its holdings in shares of VanEck AA-BB CLO ETF by 320.8% during the 4th quarter. L & S Advisors Inc now owns 140,445 shares of the company’s stock worth $7,116,000 after acquiring an additional 107,073 shares during the period. Finally, Employees Retirement Fund of the City of Fort Worth acquired a new stake in shares of VanEck AA-BB CLO ETF in the fourth quarter worth approximately $1,986,000.

About VanEck AA-BB CLO ETF

The VanEck AA-BB CLO ETF (CLOB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in collateralized loan obligations (CLOs) of any maturity that are rated between AA+ and BB-. While targeting USD-denominated high-quality CLOs, the fund may still hold high-yield bonds in foreign currency. CLOB was launched on Sep 24, 2024 and is issued by VanEck.