Short Interest in iShares AAA CLO Active ETF (NASDAQ:CLOA) Decreases By 47.0%

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 65,259 shares, a drop of 47.0% from the August 15th total of 123,204 shares. Based on an average daily volume of 462,182 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the shares of the stock are sold short.

iShares AAA CLO Active ETF Stock Performance

NASDAQ CLOA traded up $0.03 on Tuesday, reaching $51.90. 379,961 shares of the company were exchanged, compared to its average volume of 500,655. The business’s fifty day moving average price is $51.87 and its 200 day moving average price is $51.84. iShares AAA CLO Active ETF has a fifty-two week low of $51.53 and a fifty-two week high of $52.05.

iShares AAA CLO Active ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.2132 per share. This represents a c) dividend on an annualized basis and a yield of 4.9%. This is a boost from iShares AAA CLO Active ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Tuesday, September 1st.

Institutional Trading of iShares AAA CLO Active ETF

Several hedge funds have recently made changes to their positions in the company. Markowski Investments purchased a new stake in shares of iShares AAA CLO Active ETF during the 2nd quarter valued at approximately $200,000. Kickstand Ventures LLC. increased its stake in iShares AAA CLO Active ETF by 2.9% during the second quarter. Kickstand Ventures LLC. now owns 128,098 shares of the company’s stock worth $6,650,000 after acquiring an additional 3,559 shares during the last quarter. Trust Co. of Vermont purchased a new stake in iShares AAA CLO Active ETF in the second quarter valued at $68,000. Bulwark Capital Corp lifted its stake in shares of iShares AAA CLO Active ETF by 39.4% in the 2nd quarter. Bulwark Capital Corp now owns 98,567 shares of the company’s stock valued at $5,117,000 after purchasing an additional 27,872 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its holdings in shares of iShares AAA CLO Active ETF by 36.1% during the 1st quarter. Arkadios Wealth Advisors now owns 15,664 shares of the company’s stock worth $812,000 after purchasing an additional 4,152 shares during the period.

About iShares AAA CLO Active ETF

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.