iShares AAA CLO Active ETF (NASDAQ:CLOA) Short Interest Up 58.6% in December

iShares AAA CLO Active ETF (NASDAQ:CLOA) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 31,400 shares, an increase of 58.6% from the December 15th total of 19,800 shares. Based on an average daily volume of 135,000 shares, the short-interest ratio is presently 0.2 days.

iShares AAA CLO Active ETF Stock Up 0.1 %

Shares of iShares AAA CLO Active ETF stock traded up $0.04 on Friday, reaching $51.96. The company’s stock had a trading volume of 159,944 shares, compared to its average volume of 187,902. The stock has a 50-day moving average price of $51.82 and a 200-day moving average price of $51.83. iShares AAA CLO Active ETF has a 52-week low of $51.46 and a 52-week high of $52.12.

iShares AAA CLO Active ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.2447 dividend. The ex-dividend date of this dividend was Wednesday, December 18th.

Hedge Funds Weigh In On iShares AAA CLO Active ETF

Large investors have recently added to or reduced their stakes in the stock. PSI Advisors LLC increased its stake in shares of iShares AAA CLO Active ETF by 76.2% during the fourth quarter. PSI Advisors LLC now owns 916 shares of the company’s stock worth $47,000 after purchasing an additional 396 shares in the last quarter. First Horizon Advisors Inc. boosted its holdings in iShares AAA CLO Active ETF by 45.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,690 shares of the company’s stock worth $88,000 after buying an additional 530 shares during the last quarter. Concourse Financial Group Securities Inc. increased its stake in iShares AAA CLO Active ETF by 4.7% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 74,123 shares of the company’s stock worth $3,852,000 after buying an additional 3,308 shares in the last quarter. Brookstone Capital Management raised its holdings in shares of iShares AAA CLO Active ETF by 3.5% during the third quarter. Brookstone Capital Management now owns 143,924 shares of the company’s stock valued at $7,480,000 after acquiring an additional 4,908 shares during the last quarter. Finally, Freestate Advisors LLC purchased a new position in shares of iShares AAA CLO Active ETF in the third quarter valued at approximately $258,000.

About iShares AAA CLO Active ETF

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.