Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) Short Interest Update

Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 27,945 shares, a growth of 2,355.6% from the February 26th total of 1,138 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 50,949 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 50,949 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.5% of the company’s stock are sold short.

Nuveen AA-BBB CLO ETF Stock Performance

NCLO stock remained flat at $24.78 during midday trading on Tuesday. 152,037 shares of the company’s stock were exchanged, compared to its average volume of 48,258. Nuveen AA-BBB CLO ETF has a 12 month low of $23.98 and a 12 month high of $25.27. The company’s fifty day moving average price is $24.95 and its 200-day moving average price is $25.02.

Institutional Investors Weigh In On Nuveen AA-BBB CLO ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Harbour Investments Inc. lifted its position in Nuveen AA-BBB CLO ETF by 1,683.4% in the fourth quarter. Harbour Investments Inc. now owns 7,098 shares of the company’s stock valued at $178,000 after acquiring an additional 6,700 shares during the last quarter. Closed End Fund Advisors Inc. purchased a new position in shares of Nuveen AA-BBB CLO ETF during the fourth quarter worth about $218,000. Trajan Wealth LLC purchased a new position in shares of Nuveen AA-BBB CLO ETF during the third quarter worth about $338,000. Sunbelt Securities Inc. acquired a new stake in shares of Nuveen AA-BBB CLO ETF during the fourth quarter worth about $440,000. Finally, Sanctuary Advisors LLC increased its position in shares of Nuveen AA-BBB CLO ETF by 18.2% during the fourth quarter. Sanctuary Advisors LLC now owns 19,215 shares of the company’s stock worth $481,000 after purchasing an additional 2,961 shares in the last quarter.

About Nuveen AA-BBB CLO ETF

The Nuveen AA-BBB CLO ETF (NCLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, seeking total return through investments in USD-denominated, investment-grade collateralized loan obligations (CLOs) of any maturity. NCLO was launched on Dec 10, 2024 and is issued by Nuveen.