iShares AAA CLO Active ETF (NASDAQ:CLOA) Short Interest Update

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 158,600 shares, an increase of 181.7% from the October 15th total of 56,300 shares. Based on an average daily trading volume, of 118,000 shares, the days-to-cover ratio is currently 1.3 days.

iShares AAA CLO Active ETF Stock Performance

NASDAQ CLOA opened at $51.87 on Friday. iShares AAA CLO Active ETF has a 12-month low of $50.93 and a 12-month high of $52.02. The company has a 50 day moving average price of $51.83 and a two-hundred day moving average price of $51.83.

iShares AAA CLO Active ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.2682 dividend. The ex-dividend date was Friday, November 1st.

Institutional Investors Weigh In On iShares AAA CLO Active ETF

A number of large investors have recently bought and sold shares of CLOA. Comerica Bank bought a new stake in iShares AAA CLO Active ETF during the first quarter worth approximately $467,000. Adams Wealth Management grew its stake in iShares AAA CLO Active ETF by 19.2% in the 1st quarter. Adams Wealth Management now owns 190,638 shares of the company’s stock valued at $9,862,000 after buying an additional 30,645 shares during the last quarter. Transcend Capital Advisors LLC grew its stake in iShares AAA CLO Active ETF by 45.8% in the 2nd quarter. Transcend Capital Advisors LLC now owns 27,042 shares of the company’s stock valued at $1,405,000 after buying an additional 8,500 shares during the last quarter. Park Avenue Securities LLC bought a new position in iShares AAA CLO Active ETF in the 2nd quarter worth $1,974,000. Finally, Diversify Advisory Services LLC acquired a new position in iShares AAA CLO Active ETF during the 2nd quarter worth $639,000.

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.