VanEck CLO ETF (NYSEARCA:CLOI) Short Interest Update

VanEck CLO ETF (NYSEARCA:CLOI) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 297,228 shares, an increase of 185.8% from the June 15th total of 103,997 shares. Based on an average daily volume of 256,882 shares, the short-interest ratio is currently 1.2 days. Approximately 1.1% of the shares of the stock are sold short.

Institutional Trading of VanEck CLO ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Fifth Third Bancorp acquired a new position in VanEck CLO ETF during the first quarter worth about $32,000. Wells Fargo & Company MN acquired a new stake in shares of VanEck CLO ETF in the 4th quarter valued at approximately $37,000. Raleigh Capital Management Inc. acquired a new stake in shares of VanEck CLO ETF in the 4th quarter valued at approximately $43,000. NBC Securities Inc. bought a new stake in shares of VanEck CLO ETF during the 4th quarter valued at approximately $61,000. Finally, Capital Investment Advisory Services LLC bought a new stake in shares of VanEck CLO ETF during the 4th quarter valued at approximately $68,000.

VanEck CLO ETF Trading Up 0.0%

Shares of CLOI stock traded up $0.02 during trading hours on Wednesday, reaching $52.85. The company’s stock had a trading volume of 29,875 shares, compared to its average volume of 224,652. The firm’s 50 day simple moving average is $52.85 and its 200-day simple moving average is $52.79. VanEck CLO ETF has a fifty-two week low of $52.36 and a fifty-two week high of $53.15.

VanEck CLO ETF Company Profile

The VanEck CLO ETF (CLOI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in collateralized loan obligations (CLOs) of any maturity. While targeting USD-denominated high-quality CLOs, the fund may still hold high-yield bonds in foreign currency. CLOI was launched on Jun 21, 2022 and is managed by VanEck.