Short Interest in iShares AAA CLO Active ETF (NASDAQ:CLOA) Grows By 63.7%

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 78,296 shares, a growth of 63.7% from the December 15th total of 47,825 shares. Based on an average trading volume of 386,716 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 386,716 shares, the short-interest ratio is currently 0.2 days.

iShares AAA CLO Active ETF Stock Performance

iShares AAA CLO Active ETF stock opened at $51.94 on Friday. iShares AAA CLO Active ETF has a 52-week low of $50.61 and a 52-week high of $52.05. The firm has a 50 day moving average price of $51.80 and a two-hundred day moving average price of $51.83.

iShares AAA CLO Active ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a dividend of $0.2264 per share. This represents a c) annualized dividend and a dividend yield of 5.2%. This is a boost from iShares AAA CLO Active ETF’s previous monthly dividend of $0.21. The ex-dividend date was Friday, December 19th.

Institutional Trading of iShares AAA CLO Active ETF

Institutional investors have recently bought and sold shares of the company. Private Trust Co. NA acquired a new stake in iShares AAA CLO Active ETF during the 3rd quarter worth about $30,000. First Horizon Advisors Inc. boosted its position in shares of iShares AAA CLO Active ETF by 51.7% during the 2nd quarter. First Horizon Advisors Inc. now owns 581 shares of the company’s stock valued at $30,000 after purchasing an additional 198 shares in the last quarter. Imprint Wealth LLC acquired a new stake in iShares AAA CLO Active ETF during the third quarter worth approximately $67,000. Huntington National Bank increased its holdings in iShares AAA CLO Active ETF by 30.5% in the second quarter. Huntington National Bank now owns 2,593 shares of the company’s stock worth $135,000 after purchasing an additional 606 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in iShares AAA CLO Active ETF by 93.2% in the third quarter. PNC Financial Services Group Inc. now owns 3,810 shares of the company’s stock worth $198,000 after purchasing an additional 1,838 shares in the last quarter.

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.