Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) Short Interest Update

Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 242,485 shares, an increase of 223.2% from the July 30th total of 75,028 shares. Approximately 2.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 115,826 shares, the days-to-cover ratio is currently 2.1 days.

Invesco AAA CLO Floating Rate Note ETF Price Performance

BATS ICLO opened at $25.59 on Friday. Invesco AAA CLO Floating Rate Note ETF has a fifty-two week low of $25.23 and a fifty-two week high of $25.72. The business has a fifty day moving average of $25.60 and a 200-day moving average of $25.57.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. World Investment Advisors boosted its stake in shares of Invesco AAA CLO Floating Rate Note ETF by 3.5% during the 1st quarter. World Investment Advisors now owns 21,733 shares of the company’s stock worth $554,000 after purchasing an additional 744 shares during the last quarter. CoreCap Advisors LLC raised its position in shares of Invesco AAA CLO Floating Rate Note ETF by 39.4% in the second quarter. CoreCap Advisors LLC now owns 2,723 shares of the company’s stock valued at $70,000 after buying an additional 769 shares during the last quarter. Asset Allocation Strategies LLC raised its position in shares of Invesco AAA CLO Floating Rate Note ETF by 0.8% in the first quarter. Asset Allocation Strategies LLC now owns 127,462 shares of the company’s stock valued at $3,252,000 after buying an additional 1,023 shares during the last quarter. Simplicity Wealth LLC raised its position in shares of Invesco AAA CLO Floating Rate Note ETF by 5.2% in the fourth quarter. Simplicity Wealth LLC now owns 21,531 shares of the company’s stock valued at $550,000 after buying an additional 1,058 shares during the last quarter. Finally, Comerica Bank lifted its stake in shares of Invesco AAA CLO Floating Rate Note ETF by 29.6% during the fourth quarter. Comerica Bank now owns 6,645 shares of the company’s stock valued at $170,000 after buying an additional 1,516 shares during the period.

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.