Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) Short Interest Up 163.7% in May

Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 37,058 shares, a growth of 163.7% from the April 30th total of 14,051 shares. Based on an average trading volume of 15,907 shares, the short-interest ratio is currently 2.3 days. Currently, 0.6% of the shares of the stock are short sold.

Nuveen AA-BBB CLO ETF Stock Performance

Shares of NYSEARCA NCLO traded down $0.22 during mid-day trading on Monday, reaching $24.97. The company’s stock had a trading volume of 914 shares, compared to its average volume of 39,384. Nuveen AA-BBB CLO ETF has a 52 week low of $24.22 and a 52 week high of $25.27. The stock has a fifty day moving average of $24.96 and a two-hundred day moving average of $24.99.

Institutional Investors Weigh In On Nuveen AA-BBB CLO ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC bought a new stake in shares of Nuveen AA-BBB CLO ETF during the second quarter valued at approximately $992,000. Trajan Wealth LLC bought a new position in shares of Nuveen AA-BBB CLO ETF during the third quarter worth $338,000. Natixis Advisors LLC grew its stake in Nuveen AA-BBB CLO ETF by 112.1% during the third quarter. Natixis Advisors LLC now owns 93,313 shares of the company’s stock valued at $2,343,000 after acquiring an additional 49,314 shares in the last quarter. Sanctuary Advisors LLC grew its stake in Nuveen AA-BBB CLO ETF by 18.2% during the fourth quarter. Sanctuary Advisors LLC now owns 19,215 shares of the company’s stock valued at $481,000 after acquiring an additional 2,961 shares in the last quarter. Finally, GC Wealth Management RIA LLC bought a new stake in Nuveen AA-BBB CLO ETF in the 4th quarter valued at $752,000.

Nuveen AA-BBB CLO ETF Company Profile

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.