Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) Short Interest Down 58.5% in May

Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 68,482 shares, a decrease of 58.5% from the April 30th total of 165,064 shares. Based on an average daily volume of 108,440 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. LPL Financial LLC boosted its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 38.4% in the 4th quarter. LPL Financial LLC now owns 3,384,749 shares of the company’s stock valued at $86,480,000 after acquiring an additional 939,632 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 68.4% in the 4th quarter. Invesco Ltd. now owns 1,609,096 shares of the company’s stock valued at $41,112,000 after acquiring an additional 653,326 shares during the last quarter. AE Wealth Management LLC boosted its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 4.7% in the 4th quarter. AE Wealth Management LLC now owns 990,873 shares of the company’s stock valued at $25,317,000 after acquiring an additional 44,857 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 775.6% in the 1st quarter. Cetera Investment Advisers now owns 412,542 shares of the company’s stock valued at $10,524,000 after acquiring an additional 365,424 shares during the last quarter. Finally, Modern Wealth Management LLC boosted its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 3.0% in the 1st quarter. Modern Wealth Management LLC now owns 411,985 shares of the company’s stock valued at $10,512,000 after acquiring an additional 12,079 shares during the last quarter.

Invesco AAA CLO Floating Rate Note ETF Stock Performance

Shares of Invesco AAA CLO Floating Rate Note ETF stock opened at $25.57 on Friday. Invesco AAA CLO Floating Rate Note ETF has a 12-month low of $25.23 and a 12-month high of $25.70. The firm’s 50 day simple moving average is $25.54 and its two-hundred day simple moving average is $25.56.

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.