Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) Stock Short Interest Report for October

Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 51,910 shares, a drop of 38.9% from the September 30th total of 84,960 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 311,492 shares, the days-to-cover ratio is currently 0.2 days.

Nuveen AA-BBB CLO ETF Price Performance

Shares of NYSEARCA NCLO opened at $25.08 on Friday. Nuveen AA-BBB CLO ETF has a 52-week low of $24.22 and a 52-week high of $25.36. The firm’s 50-day moving average price is $25.05 and its two-hundred day moving average price is $25.00.

Institutional Investors Weigh In On Nuveen AA-BBB CLO ETF

A number of institutional investors and hedge funds have recently bought and sold shares of NCLO. Elevated Financial Group LLC purchased a new stake in shares of Nuveen AA-BBB CLO ETF in the third quarter valued at $7,216,000. Hidden Cove Wealth Management LLC bought a new position in shares of Nuveen AA-BBB CLO ETF in the third quarter valued at approximately $1,376,000. TSG Advice Partners LLC acquired a new position in shares of Nuveen AA-BBB CLO ETF during the third quarter worth approximately $614,000. Royal Bank of Canada acquired a new position in Nuveen AA-BBB CLO ETF in the 1st quarter valued at approximately $297,000. Finally, Victory Financial Group LLC boosted its position in shares of Nuveen AA-BBB CLO ETF by 124.2% during the 3rd quarter. Victory Financial Group LLC now owns 20,121 shares of the company’s stock valued at $504,000 after acquiring an additional 11,145 shares in the last quarter.

About Nuveen AA-BBB CLO ETF

The Nuveen AA-BBB CLO ETF (NCLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, seeking total return through investments in USD-denominated, investment-grade collateralized loan obligations (CLOs) of any maturity. NCLO was launched on Dec 10, 2024 and is issued by Nuveen.