iShares AAA CLO Active ETF (NASDAQ:CLOA) Stock Short Interest Rises 415.2%

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 380,300 shares, a growth of 415.2% from the September 15th total of 73,816 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average trading volume of 644,997 shares, the days-to-cover ratio is currently 0.6 days.

iShares AAA CLO Active ETF Stock Performance

NASDAQ CLOA opened at $51.81 on Friday. The stock’s 50-day moving average price is $51.87 and its two-hundred day moving average price is $51.86. iShares AAA CLO Active ETF has a 1 year low of $51.53 and a 1 year high of $52.05.

iShares AAA CLO Active ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a dividend of $0.2022 per share. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from iShares AAA CLO Active ETF’s previous monthly dividend of $0.2132. This represents a $2.43 annualized dividend and a yield of 4.7%.

Institutional Trading of iShares AAA CLO Active ETF

Several large investors have recently made changes to their positions in CLOA. Bulwark Capital Corp raised its stake in shares of iShares AAA CLO Active ETF by 39.4% in the 2nd quarter. Bulwark Capital Corp now owns 98,567 shares of the company’s stock valued at $5,117,000 after acquiring an additional 27,872 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of iShares AAA CLO Active ETF by 74.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 18,406 shares of the company’s stock worth $955,000 after buying an additional 7,850 shares during the period. Janney Montgomery Scott LLC grew its stake in iShares AAA CLO Active ETF by 73.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 14,865 shares of the company’s stock valued at $771,000 after buying an additional 6,308 shares during the last quarter. Venturi Wealth Management LLC bought a new position in iShares AAA CLO Active ETF in the 1st quarter worth $307,000. Finally, Aureus Asset Management LLC lifted its position in iShares AAA CLO Active ETF by 6.7% during the 1st quarter. Aureus Asset Management LLC now owns 70,834 shares of the company’s stock worth $3,672,000 after acquiring an additional 4,431 shares during the last quarter.

iShares AAA CLO Active ETF Company Profile

The BlackRock AAA CLO ETF (CLOA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated CLOs that are rated AAA. CLOA was launched on Jan 10, 2023 and is managed by BlackRock.