Short Interest in iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Drops By 47.0%

iShares BBB-B CLO Active ETF (NASDAQ:BCLO) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 1,717 shares, a decrease of 47.0% from the January 29th total of 3,237 shares. Based on an average daily volume of 7,865 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 7,865 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of iShares BBB-B CLO Active ETF

An institutional investor recently bought a new position in iShares BBB-B CLO Active ETF stock. Sunbelt Securities Inc. bought a new position in iShares BBB-B CLO Active ETF (NASDAQ:BCLO) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,059 shares of the company’s stock, valued at approximately $254,000. Sunbelt Securities Inc. owned approximately 0.36% of iShares BBB-B CLO Active ETF at the end of the most recent quarter.

iShares BBB-B CLO Active ETF Stock Down 0.2%

Shares of BCLO opened at $49.21 on Monday. The firm’s 50-day moving average price is $49.73 and its 200-day moving average price is $49.83. iShares BBB-B CLO Active ETF has a 1-year low of $47.55 and a 1-year high of $50.45.

iShares BBB-B CLO Active ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.2699 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 6.6%.

About iShares BBB-B CLO Active ETF

The iShares BBB-B CLO Active ETF (BCLO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a portfolio of collateralized loan obligations rated from BBB+ to B-, and of any maturity. These securities are primarily denominated in USD, but may also be denominated in foreign currencies. BCLO was launched on Jan 29, 2025 and is issued by BlackRock.