iShares AAA CLO Active ETF (NASDAQ:CLOA) Sees Significant Growth in Short Interest

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 231,073 shares, a growth of 70.2% from the February 12th total of 135,755 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 429,963 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 429,963 shares, the short-interest ratio is currently 0.5 days. Currently, 0.8% of the company’s stock are short sold.

iShares AAA CLO Active ETF Stock Up 0.1%

Shares of CLOA stock opened at $51.69 on Friday. iShares AAA CLO Active ETF has a 1 year low of $50.61 and a 1 year high of $52.05. The stock’s 50-day moving average is $51.84 and its two-hundred day moving average is $51.84.

iShares AAA CLO Active ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1876 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.4%.

Institutional Investors Weigh In On iShares AAA CLO Active ETF

Several large investors have recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in shares of iShares AAA CLO Active ETF by 708.1% during the fourth quarter. JPMorgan Chase & Co. now owns 1,145,717 shares of the company’s stock worth $59,285,000 after acquiring an additional 1,003,933 shares during the last quarter. Landing Point Financial Group LLC raised its position in iShares AAA CLO Active ETF by 6.0% in the 4th quarter. Landing Point Financial Group LLC now owns 270,956 shares of the company’s stock valued at $14,021,000 after purchasing an additional 15,235 shares during the last quarter. Kickstand Ventures LLC. boosted its stake in iShares AAA CLO Active ETF by 4.0% during the 4th quarter. Kickstand Ventures LLC. now owns 127,331 shares of the company’s stock worth $6,589,000 after purchasing an additional 4,848 shares during the period. Captrust Financial Advisors boosted its stake in iShares AAA CLO Active ETF by 396.6% during the 4th quarter. Captrust Financial Advisors now owns 105,230 shares of the company’s stock worth $5,445,000 after purchasing an additional 84,040 shares during the period. Finally, United Capital Financial Advisors LLC purchased a new position in iShares AAA CLO Active ETF during the 3rd quarter worth $2,543,000.

iShares AAA CLO Active ETF Company Profile

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.