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

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 123,204 shares, a decrease of 47.6% from the July 30th total of 234,983 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 357,393 shares, the short-interest ratio is currently 0.3 days.

iShares AAA CLO Active ETF Stock Performance

Shares of NASDAQ CLOA opened at $52.00 on Tuesday. iShares AAA CLO Active ETF has a 52 week low of $51.53 and a 52 week high of $52.05. The business has a 50-day simple moving average of $51.87 and a two-hundred day simple moving average of $51.84.

iShares AAA CLO Active ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a $0.2061 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is an increase from iShares AAA CLO Active ETF’s previous monthly dividend of $0.20. The ex-dividend date was Monday, August 3rd.

Hedge Funds Weigh In On iShares AAA CLO Active ETF

Hedge funds have recently bought and sold shares of the company. Cornerstone Planning Group LLC purchased a new stake in iShares AAA CLO Active ETF in the 1st quarter worth approximately $26,000. Huntington National Bank grew its position in shares of iShares AAA CLO Active ETF by 22.5% during the 4th quarter. Huntington National Bank now owns 3,176 shares of the company’s stock valued at $164,000 after purchasing an additional 583 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of iShares AAA CLO Active ETF during the 4th quarter valued at $31,000. Beacon Financial Group increased its holdings in shares of iShares AAA CLO Active ETF by 3.8% in the first quarter. Beacon Financial Group now owns 18,905 shares of the company’s stock worth $980,000 after purchasing an additional 698 shares during the period. Finally, Triumph Capital Management raised its position in shares of iShares AAA CLO Active ETF by 2.5% in the third quarter. Triumph Capital Management now owns 28,619 shares of the company’s stock worth $1,487,000 after buying an additional 708 shares in the last quarter.

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.