iShares AAA CLO Active ETF (NASDAQ:CLOA) Sees Significant Growth in Short Interest

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 86,701 shares, a growth of 325.5% from the April 30th total of 20,374 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 496,025 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On iShares AAA CLO Active ETF

Several large investors have recently modified their holdings of CLOA. Cornerstone Planning Group LLC acquired a new stake in shares of iShares AAA CLO Active ETF in the first quarter valued at approximately $26,000. Farther Finance Advisors LLC acquired a new stake in shares of iShares AAA CLO Active ETF in the fourth quarter valued at approximately $31,000. EverSource Wealth Advisors LLC acquired a new stake in shares of iShares AAA CLO Active ETF in the first quarter valued at approximately $45,000. Private Trust Co. NA boosted its holdings in shares of iShares AAA CLO Active ETF by 87.7% in the fourth quarter. Private Trust Co. NA now owns 1,081 shares of the company’s stock valued at $56,000 after acquiring an additional 505 shares during the period. Finally, Imprint Wealth LLC acquired a new stake in shares of iShares AAA CLO Active ETF in the third quarter valued at approximately $67,000.

iShares AAA CLO Active ETF Price Performance

CLOA stock opened at $51.99 on Friday. iShares AAA CLO Active ETF has a twelve month low of $51.53 and a twelve month high of $52.05. The business has a 50 day simple moving average of $51.85 and a 200-day simple moving average of $51.83.

iShares AAA CLO Active ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a $0.1971 dividend. The ex-dividend date of this dividend was Friday, May 1st.

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.