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

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 161,800 shares, a decrease of 51.1% from the February 28th total of 331,200 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily volume of 248,000 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On iShares AAA CLO Active ETF

A number of hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in iShares AAA CLO Active ETF by 152.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 137,819 shares of the company’s stock valued at $7,162,000 after purchasing an additional 83,204 shares during the period. PSI Advisors LLC lifted its holdings in shares of iShares AAA CLO Active ETF by 76.2% during the fourth quarter. PSI Advisors LLC now owns 916 shares of the company’s stock worth $47,000 after buying an additional 396 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares AAA CLO Active ETF in the fourth quarter valued at approximately $26,000. IFP Advisors Inc boosted its position in shares of iShares AAA CLO Active ETF by 1.3% in the fourth quarter. IFP Advisors Inc now owns 14,876 shares of the company’s stock valued at $770,000 after acquiring an additional 194 shares during the period. Finally, Aureus Asset Management LLC grew its stake in shares of iShares AAA CLO Active ETF by 482.9% in the third quarter. Aureus Asset Management LLC now owns 48,502 shares of the company’s stock worth $2,521,000 after acquiring an additional 40,181 shares during the last quarter.

iShares AAA CLO Active ETF Trading Up 0.1 %

Shares of NASDAQ:CLOA traded up $0.04 during trading on Friday, reaching $51.75. The stock had a trading volume of 167,537 shares, compared to its average volume of 145,777. The stock has a fifty day simple moving average of $51.84 and a two-hundred day simple moving average of $51.83. iShares AAA CLO Active ETF has a 52 week low of $51.47 and a 52 week high of $52.12.

iShares AAA CLO Active ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.2195 per share. The ex-dividend date was Monday, March 3rd.

About iShares AAA CLO Active ETF

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.