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 growth in short interest in July. As of July 15th, there was short interest totaling 12,745 shares, a growth of 437.3% from the June 30th total of 2,372 shares. Based on an average daily volume of 8,596 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.7% of the shares of the company are short sold.

Alternative Access First Priority CLO Bond ETF Price Performance

Shares of AAA traded up $0.04 during trading hours on Friday, reaching $25.04. 8,822 shares of the company traded hands, compared to its average volume of 9,233. The business has a fifty day moving average price of $24.97 and a 200-day moving average price of $24.98. Alternative Access First Priority CLO Bond ETF has a 12-month low of $24.67 and a 12-month high of $25.14.

Insider Transactions at Alternative Access First Priority CLO Bond ETF

In other Alternative Access First Priority CLO Bond ETF news, EVP Matthew T. Reed sold 4,600 shares of the firm’s stock in a transaction on Wednesday, July 22nd. The shares were sold at an average price of $46.82, for a total value of $215,372.00. Following the completion of the transaction, the executive vice president owned 71,770 shares of the company’s stock, valued at approximately $3,360,271.40. This trade represents a 6.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

About Alternative Access First Priority CLO Bond ETF

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.