iShares AAA CLO Active ETF (NASDAQ:CLOA) Short Interest Update

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 48,300 shares, a drop of 35.5% from the September 15th total of 74,900 shares. Based on an average daily volume of 104,400 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of iShares AAA CLO Active ETF

A number of institutional investors have recently made changes to their positions in the business. Toews Corp ADV acquired a new stake in iShares AAA CLO Active ETF in the 1st quarter valued at $2,162,000. Comerica Bank acquired a new position in iShares AAA CLO Active ETF during the first quarter valued at approximately $467,000. Adams Wealth Management grew its stake in iShares AAA CLO Active ETF by 19.2% in the first quarter. Adams Wealth Management now owns 190,638 shares of the company’s stock valued at $9,862,000 after purchasing an additional 30,645 shares in the last quarter. Transcend Capital Advisors LLC grew its stake in iShares AAA CLO Active ETF by 45.8% in the second quarter. Transcend Capital Advisors LLC now owns 27,042 shares of the company’s stock valued at $1,405,000 after purchasing an additional 8,500 shares in the last quarter. Finally, Park Avenue Securities LLC acquired a new position in shares of iShares AAA CLO Active ETF during the 2nd quarter worth approximately $1,974,000.

iShares AAA CLO Active ETF Stock Performance

iShares AAA CLO Active ETF stock remained flat at $51.80 during midday trading on Friday. The company had a trading volume of 108,195 shares, compared to its average volume of 76,938. The company’s fifty day moving average is $51.83 and its two-hundred day moving average is $51.80. iShares AAA CLO Active ETF has a 1-year low of $50.93 and a 1-year high of $52.02.

iShares AAA CLO Active ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.2832 per share. The ex-dividend date was Tuesday, September 3rd.

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.