VanEck AA-BB CLO ETF (NYSEARCA:CLOB) Short Interest Down 90.9% in August

VanEck AA-BB CLO ETF (NYSEARCA:CLOB) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 2,079 shares, a drop of 90.9% from the August 15th total of 22,844 shares. Based on an average trading volume of 9,527 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On VanEck AA-BB CLO ETF

Large investors have recently made changes to their positions in the business. Ferguson Shapiro LLC boosted its holdings in VanEck AA-BB CLO ETF by 3.7% in the second quarter. Ferguson Shapiro LLC now owns 8,956 shares of the company’s stock valued at $452,000 after acquiring an additional 316 shares in the last quarter. International Assets Investment Management LLC raised its holdings in VanEck AA-BB CLO ETF by 82.2% in the 1st quarter. International Assets Investment Management LLC now owns 1,540 shares of the company’s stock worth $77,000 after purchasing an additional 695 shares in the last quarter. Mpwm Advisory Solutions LLC bought a new position in VanEck AA-BB CLO ETF in the 3rd quarter worth $41,000. Summit Financial LLC lifted its position in shares of VanEck AA-BB CLO ETF by 20.7% in the 4th quarter. Summit Financial LLC now owns 9,475 shares of the company’s stock worth $480,000 after purchasing an additional 1,622 shares during the period. Finally, Tower Research Capital LLC TRC purchased a new stake in shares of VanEck AA-BB CLO ETF in the 2nd quarter worth about $84,000.

VanEck AA-BB CLO ETF Stock Down 0.2%

Shares of CLOB traded down $0.11 during trading hours on Thursday, hitting $50.15. The company had a trading volume of 12,660 shares, compared to its average volume of 15,728. The stock’s 50 day moving average price is $50.33 and its 200 day moving average price is $50.27. VanEck AA-BB CLO ETF has a 52-week low of $49.28 and a 52-week high of $51.17.

VanEck AA-BB CLO ETF Company Profile

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.