VanEck AA-BB CLO ETF (NYSEARCA:CLOB) Short Interest Update

VanEck AA-BB CLO ETF (NYSEARCA:CLOB) saw a significant decline in short interest in December. As of December 15th, there was short interest totaling 20,983 shares, a decline of 19.6% from the November 30th total of 26,094 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average trading volume of 10,113 shares, the short-interest ratio is currently 2.1 days. Based on an average trading volume of 10,113 shares, the short-interest ratio is currently 2.1 days. Approximately 0.7% of the company’s stock are sold short.

VanEck AA-BB CLO ETF Price Performance

NYSEARCA CLOB traded down $0.08 during trading hours on Wednesday, hitting $50.67. The company’s stock had a trading volume of 17,485 shares, compared to its average volume of 24,607. VanEck AA-BB CLO ETF has a 52 week low of $45.00 and a 52 week high of $51.17. The company’s 50-day simple moving average is $50.88 and its two-hundred day simple moving average is $50.81.

Hedge Funds Weigh In On VanEck AA-BB CLO ETF

Several large investors have recently bought and sold shares of CLOB. Mpwm Advisory Solutions LLC bought a new stake in shares of VanEck AA-BB CLO ETF in the 3rd quarter worth $41,000. Tower Research Capital LLC TRC bought a new position in shares of VanEck AA-BB CLO ETF during the second quarter valued at about $84,000. Darwin Wealth Management LLC boosted its holdings in VanEck AA-BB CLO ETF by 2.5% during the third quarter. Darwin Wealth Management LLC now owns 156,334 shares of the company’s stock worth $7,971,000 after purchasing an additional 3,739 shares during the last quarter. Osaic Holdings Inc. bought a new stake in VanEck AA-BB CLO ETF in the 2nd quarter worth about $206,000. Finally, Balefire LLC increased its stake in VanEck AA-BB CLO ETF by 46.4% in the 2nd quarter. Balefire LLC now owns 13,054 shares of the company’s stock valued at $663,000 after buying an additional 4,135 shares during the last quarter.

About VanEck AA-BB CLO ETF

The VanEck AA-BB CLO ETF (CLOB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in collateralized loan obligations (CLOs) of any maturity that are rated between AA+ and BB-. While targeting USD-denominated high-quality CLOs, the fund may still hold high-yield bonds in foreign currency. CLOB was launched on Sep 24, 2024 and is issued by VanEck.