Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) Sees Large Decline in Short Interest

Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 1,174,818 shares, a drop of 72.8% from the July 30th total of 4,314,343 shares. Based on an average daily volume of 5,697,792 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

Janus Henderson AAA CLO ETF Stock Performance

Shares of JAAA stock remained flat at $50.70 during trading on Friday. 9,287,161 shares of the company were exchanged, compared to its average volume of 5,856,778. Janus Henderson AAA CLO ETF has a 52-week low of $50.32 and a 52-week high of $50.85. The company has a fifty day simple moving average of $50.60 and a 200-day simple moving average of $50.59.

Hedge Funds Weigh In On Janus Henderson AAA CLO ETF

Several institutional investors have recently modified their holdings of the business. Blue Edge Capital LLC grew its position in shares of Janus Henderson AAA CLO ETF by 8.5% in the first quarter. Blue Edge Capital LLC now owns 176,247 shares of the company’s stock valued at $8,878,000 after purchasing an additional 13,877 shares during the period. World Investment Advisors lifted its position in Janus Henderson AAA CLO ETF by 12.3% during the fourth quarter. World Investment Advisors now owns 276,615 shares of the company’s stock worth $13,578,000 after buying an additional 30,334 shares during the period. Addison Capital Co purchased a new position in Janus Henderson AAA CLO ETF during the fourth quarter worth about $2,767,000. E6 Portfolios LLC acquired a new stake in Janus Henderson AAA CLO ETF in the 4th quarter worth about $6,324,000. Finally, Signature Wealth Management Partners LLC boosted its stake in Janus Henderson AAA CLO ETF by 4.9% in the 4th quarter. Signature Wealth Management Partners LLC now owns 310,919 shares of the company’s stock worth $15,726,000 after buying an additional 14,569 shares during the last quarter.

About Janus Henderson AAA CLO ETF

The Janus Henderson AAA CLO ETF (JAAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income by actively selecting investment-grade floating rate collateralized loan obligations (CLO) securities of various maturities from issuers around the globe. JAAA was launched on Oct 16, 2020 and is managed by Janus Henderson.