Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) Sees Significant Drop in Short Interest

Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) saw a large drop in short interest in February. As of February 27th, there was short interest totaling 1,138 shares, a drop of 87.8% from the February 12th total of 9,299 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 57,316 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 57,316 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Nuveen AA-BBB CLO ETF Price Performance

Shares of NYSEARCA NCLO traded up $0.25 during trading on Tuesday, reaching $24.72. The stock had a trading volume of 47,322 shares, compared to its average volume of 49,185. Nuveen AA-BBB CLO ETF has a one year low of $23.98 and a one year high of $25.27. The firm’s 50 day moving average price is $24.99 and its two-hundred day moving average price is $25.04.

Institutional Trading of Nuveen AA-BBB CLO ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Harbour Investments Inc. lifted its position in shares of Nuveen AA-BBB CLO ETF by 1,683.4% in the 4th quarter. Harbour Investments Inc. now owns 7,098 shares of the company’s stock worth $178,000 after buying an additional 6,700 shares during the last quarter. Closed End Fund Advisors Inc. bought a new stake in shares of Nuveen AA-BBB CLO ETF during the 4th quarter valued at about $218,000. Trajan Wealth LLC acquired a new stake in Nuveen AA-BBB CLO ETF during the third quarter worth about $338,000. Sunbelt Securities Inc. acquired a new stake in Nuveen AA-BBB CLO ETF during the fourth quarter worth about $440,000. Finally, Sanctuary Advisors LLC lifted its holdings in Nuveen AA-BBB CLO ETF by 18.2% in the fourth quarter. Sanctuary Advisors LLC now owns 19,215 shares of the company’s stock worth $481,000 after acquiring an additional 2,961 shares during 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.