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

iShares BBB-B CLO Active ETF (NASDAQ:BCLO) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 48,898 shares, an increase of 290.1% from the July 15th total of 12,535 shares. Based on an average trading volume of 10,629 shares, the days-to-cover ratio is currently 4.6 days. Approximately 2.9% of the company’s stock are sold short.

iShares BBB-B CLO Active ETF Stock Up 0.0%

Shares of BCLO opened at $49.59 on Thursday. iShares BBB-B CLO Active ETF has a twelve month low of $48.42 and a twelve month high of $50.22. The company has a 50 day moving average of $49.61 and a 200-day moving average of $49.47.

iShares BBB-B CLO Active ETF Increases Dividend

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares BBB-B CLO Active ETF stock. Sunbelt Securities Inc. raised its holdings in iShares BBB-B CLO Active ETF (NASDAQ:BCLO) by 44.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,304 shares of the company’s stock after buying an additional 2,245 shares during the period. Sunbelt Securities Inc. owned 0.49% of iShares BBB-B CLO Active ETF worth $362,000 at the end of the most recent reporting period.

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.