iShares AAA CLO Active ETF (NASDAQ:CLOA) Short Interest Up 71.6% in July

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 81,217 shares, a growth of 71.6% from the June 30th total of 47,331 shares. Based on an average daily trading volume, of 395,116 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares AAA CLO Active ETF

Institutional investors have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC acquired a new position in iShares AAA CLO Active ETF in the first quarter valued at about $26,000. Private Trust Co. NA increased its holdings in shares of iShares AAA CLO Active ETF by 87.7% during the fourth quarter. Private Trust Co. NA now owns 1,081 shares of the company’s stock worth $56,000 after buying an additional 505 shares in the last quarter. Huntington National Bank raised its stake in shares of iShares AAA CLO Active ETF by 22.5% in the fourth quarter. Huntington National Bank now owns 3,176 shares of the company’s stock valued at $164,000 after acquiring an additional 583 shares during the last quarter. Farther Finance Advisors LLC bought a new position in shares of iShares AAA CLO Active ETF in the fourth quarter valued at approximately $31,000. Finally, Beacon Financial Group boosted its holdings in shares of iShares AAA CLO Active ETF by 3.8% in the 1st quarter. Beacon Financial Group now owns 18,905 shares of the company’s stock worth $980,000 after acquiring an additional 698 shares in the last quarter.

iShares AAA CLO Active ETF Trading Up 0.0%

CLOA stock opened at $51.99 on Friday. iShares AAA CLO Active ETF has a 1-year low of $51.53 and a 1-year high of $52.05. The business’s 50 day moving average is $51.87 and its 200-day moving average is $51.85.

iShares AAA CLO Active ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.196 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.5%.

iShares AAA CLO Active ETF Company Profile

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.