VanEck CLO ETF (NYSEARCA:CLOI) Short Interest Down 58.8% in December

VanEck CLO ETF (NYSEARCA:CLOI) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 54,360 shares, a drop of 58.8% from the December 15th total of 131,951 shares. Based on an average daily trading volume, of 195,384 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 195,384 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of VanEck CLO ETF

Several hedge funds have recently made changes to their positions in CLOI. Ascension Capital Advisors Inc. purchased a new position in shares of VanEck CLO ETF during the 2nd quarter valued at $214,000. Brookstone Capital Management boosted its stake in VanEck CLO ETF by 7.8% during the third quarter. Brookstone Capital Management now owns 308,695 shares of the company’s stock valued at $16,392,000 after buying an additional 22,237 shares during the period. Sentinel Pension Advisors LLC boosted its stake in VanEck CLO ETF by 828.9% during the second quarter. Sentinel Pension Advisors LLC now owns 154,157 shares of the company’s stock valued at $8,163,000 after buying an additional 137,561 shares during the period. Optivise Advisory Services LLC grew its position in VanEck CLO ETF by 10.6% during the second quarter. Optivise Advisory Services LLC now owns 11,702 shares of the company’s stock worth $620,000 after buying an additional 1,120 shares in the last quarter. Finally, Creekside Partners bought a new position in VanEck CLO ETF in the 2nd quarter worth about $209,000.

VanEck CLO ETF Stock Up 0.0%

CLOI traded up $0.02 during midday trading on Friday, reaching $52.86. The company had a trading volume of 35,629 shares, compared to its average volume of 343,568. VanEck CLO ETF has a 12-month low of $50.12 and a 12-month high of $53.20. The business has a 50-day moving average price of $52.88 and a two-hundred day moving average price of $52.92.

VanEck CLO ETF Company Profile

The VanEck CLO ETF (CLOI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in collateralized loan obligations (CLOs) of any maturity. While targeting USD-denominated high-quality CLOs, the fund may still hold high-yield bonds in foreign currency. CLOI was launched on Jun 21, 2022 and is managed by VanEck.