Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAA) Short Interest Update

Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAA) was the target of a large drop in short interest in April. As of April 15th, there was short interest totaling 566 shares, a drop of 89.6% from the March 31st total of 5,455 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 7,521 shares, the days-to-cover ratio is currently 0.1 days.

Alternative Access First Priority CLO Bond ETF Stock Down 0.2%

Shares of Alternative Access First Priority CLO Bond ETF stock traded down $0.05 during midday trading on Friday, reaching $24.93. 2,171 shares of the company’s stock traded hands, compared to its average volume of 7,797. The company’s 50 day simple moving average is $24.98 and its 200 day simple moving average is $25.00. Alternative Access First Priority CLO Bond ETF has a 52 week low of $24.75 and a 52 week high of $25.14.

Alternative Access First Priority CLO Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were paid a $0.0942 dividend. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 4.5%.

Alternative Access First Priority CLO Bond ETF Company Profile

The AXS First Priority CLO Bond ETF (AAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide income by actively selecting USD-denominated, investment-grade collateralized loan obligations, or CLO bonds, of any maturity. AAA was launched on Sep 9, 2020 and is managed by AXS Investments.