Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 104,865 shares, a drop of 56.8% from the September 30th total of 242,984 shares. Based on an average daily volume of 163,034 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.8% of the shares of the company are short sold.
Invesco AAA CLO Floating Rate Note ETF Stock Down 0.0%
Shares of ICLO stock opened at $25.56 on Friday. The firm’s 50-day simple moving average is $25.60 and its two-hundred day simple moving average is $25.58. Invesco AAA CLO Floating Rate Note ETF has a 52 week low of $25.23 and a 52 week high of $25.72.
Hedge Funds Weigh In On Invesco AAA CLO Floating Rate Note ETF
A number of large investors have recently made changes to their positions in the stock. Compass Financial Management LLC purchased a new stake in shares of Invesco AAA CLO Floating Rate Note ETF in the third quarter worth $105,000. Ashton Thomas Securities LLC bought a new position in Invesco AAA CLO Floating Rate Note ETF in the 3rd quarter worth about $4,247,000. Total Clarity Wealth Management Inc. bought a new stake in shares of Invesco AAA CLO Floating Rate Note ETF during the 3rd quarter valued at about $3,254,000. Flagship Harbor Advisors LLC bought a new stake in shares of Invesco AAA CLO Floating Rate Note ETF during the 3rd quarter valued at about $10,645,000. Finally, B.O.S.S. Retirement Advisors LLC purchased a new position in shares of Invesco AAA CLO Floating Rate Note ETF during the third quarter worth about $1,012,000.
Invesco AAA CLO Floating Rate Note ETF Company Profile
The Invesco Aaa Clo Floating Rate Note ETF (ICLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in USD-denominated floating rate CLOs that are rated AAA or equivalent. ICLO was launched on Dec 9, 2022 and is managed by Invesco.
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