Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) Shares Shorted: Short Interest Up 57.8% in September

Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 49,797 shares, an increase of 57.8% from the August 31st total of 31,555 shares. Based on an average trading volume of 147,346 shares, the short-interest ratio is currently 0.3 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Trading of Invesco AAA CLO Floating Rate Note ETF

Large investors have recently bought and sold shares of the company. CoreCap Advisors LLC raised its stake in Invesco AAA CLO Floating Rate Note ETF by 39.4% in the 2nd quarter. CoreCap Advisors LLC now owns 2,723 shares of the company’s stock valued at $70,000 after acquiring an additional 769 shares during the period. Compass Financial Management LLC bought a new position in shares of Invesco AAA CLO Floating Rate Note ETF in the 2nd quarter worth $155,000. Fifth Third Bancorp bought a new stake in Invesco AAA CLO Floating Rate Note ETF in the 1st quarter worth approximately $170,000. Beto Financial Group LLC purchased a new stake in Invesco AAA CLO Floating Rate Note ETF during the fourth quarter valued at about $394,000. Finally, Janney Montgomery Scott LLC bought a new position in shares of Invesco AAA CLO Floating Rate Note ETF in the first quarter worth approximately $440,000.

Invesco AAA CLO Floating Rate Note ETF Price Performance

Shares of ICLO stock opened at $25.59 on Wednesday. Invesco AAA CLO Floating Rate Note ETF has a 52-week low of $25.23 and a 52-week high of $25.72. The company has a 50-day simple moving average of $25.61 and a two-hundred day simple moving average of $25.58.

About Invesco AAA CLO Floating Rate Note ETF

The Invesco Aaa Clo Floating Rate Note ETF (ICLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in USD-denominated floating rate CLOs that are rated AAA or equivalent. ICLO was launched on Dec 9, 2022 and is managed by Invesco.