iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Sees Large Decline in Short Interest

iShares BBB-B CLO Active ETF (NASDAQ:BCLO) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 15,248 shares, a decline of 68.8% from the July 30th total of 48,898 shares. Based on an average daily volume of 15,880 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.9% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares BBB-B CLO Active ETF

Hedge funds have recently added to or reduced their stakes in the stock. Markowski Investments acquired a new stake in shares of iShares BBB-B CLO Active ETF during the 2nd quarter worth approximately $100,000. Sunbelt Securities Inc. acquired a new stake in shares of iShares BBB-B CLO Active ETF during the third quarter worth $254,000. Finally, Syon Capital LLC acquired a new position in iShares BBB-B CLO Active ETF during the fourth quarter valued at approximately $830,000.

iShares BBB-B CLO Active ETF Stock Down 0.1%

Shares of BCLO stock opened at $49.79 on Thursday. iShares BBB-B CLO Active ETF has a one year low of $48.42 and a one year high of $50.22. The stock has a fifty day moving average price of $49.61 and a 200 day moving average price of $49.46.

iShares BBB-B CLO Active ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a $0.2571 dividend. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from iShares BBB-B CLO Active ETF’s previous monthly dividend of $0.25.

iShares BBB-B CLO Active ETF Company Profile

The iShares BBB-B CLO Active ETF (BCLO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a portfolio of collateralized loan obligations rated from BBB+ to B-, and of any maturity. These securities are primarily denominated in USD, but may also be denominated in foreign currencies. BCLO was launched on Jan 29, 2025 and is issued by BlackRock.