Short Interest in iShares AAA CLO Active ETF (NASDAQ:CLOA) Drops By 51.1%

iShares AAA CLO Active ETF (NASDAQ:CLOA) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 161,800 shares, a drop of 51.1% from the February 28th total of 331,200 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average daily trading volume, of 248,000 shares, the short-interest ratio is presently 0.7 days.

iShares AAA CLO Active ETF Stock Up 0.1 %

CLOA stock traded up $0.04 during trading on Friday, reaching $51.75. 167,537 shares of the stock were exchanged, compared to its average volume of 145,777. The firm’s 50 day moving average is $51.84 and its 200 day moving average is $51.83. iShares AAA CLO Active ETF has a twelve month low of $51.47 and a twelve month high of $52.12.

iShares AAA CLO Active ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2195 per share. The ex-dividend date was Monday, March 3rd.

Institutional Trading of iShares AAA CLO Active ETF

Several hedge funds have recently bought and sold shares of the business. Kohmann Bosshard Financial Services LLC acquired a new position in iShares AAA CLO Active ETF during the fourth quarter worth $26,000. PSI Advisors LLC increased its position 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 acquiring an additional 396 shares in the last quarter. IFP Advisors Inc raised its holdings in shares of iShares AAA CLO Active ETF by 1.3% in the 4th quarter. IFP Advisors Inc now owns 14,876 shares of the company’s stock worth $770,000 after acquiring an additional 194 shares during the last quarter. Cary Street Partners Financial LLC bought a new position in iShares AAA CLO Active ETF in the 4th quarter valued at about $1,631,000. Finally, Aureus Asset Management LLC boosted its stake in iShares AAA CLO Active ETF by 482.9% during the 3rd quarter. Aureus Asset Management LLC now owns 48,502 shares of the company’s stock valued at $2,521,000 after purchasing an additional 40,181 shares during the last quarter.

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.