VanEck AA-BB CLO ETF (NYSEARCA:CLOB) Short Interest Up 607.7% in March

VanEck AA-BB CLO ETF (NYSEARCA:CLOB) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 12,378 shares, an increase of 607.7% from the February 26th total of 1,749 shares. Based on an average daily volume of 14,576 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the company’s shares are short sold. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 14,576 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On VanEck AA-BB CLO ETF

Several large investors have recently added to or reduced their stakes in the stock. Independence Asset Advisors LLC increased its position in shares of VanEck AA-BB CLO ETF by 126.7% during the third quarter. Independence Asset Advisors LLC now owns 882,028 shares of the company’s stock worth $44,971,000 after acquiring an additional 492,971 shares during the period. Darwin Wealth Management LLC boosted its holdings in shares of VanEck AA-BB CLO ETF by 2.0% in the fourth quarter. Darwin Wealth Management LLC now owns 159,453 shares of the company’s stock valued at $8,079,000 after purchasing an additional 3,119 shares during the period. L & S Advisors Inc grew its stake in VanEck AA-BB CLO ETF by 320.8% in the fourth quarter. L & S Advisors Inc now owns 140,445 shares of the company’s stock worth $7,116,000 after purchasing an additional 107,073 shares in the last quarter. Castleview Partners LLC grew its stake in VanEck AA-BB CLO ETF by 14.9% in the third quarter. Castleview Partners LLC now owns 41,364 shares of the company’s stock worth $2,109,000 after purchasing an additional 5,355 shares in the last quarter. Finally, Ferguson Shapiro LLC purchased a new position in VanEck AA-BB CLO ETF during the 3rd quarter worth $493,000.

VanEck AA-BB CLO ETF Stock Up 0.2%

Shares of NYSEARCA:CLOB traded up $0.12 on Tuesday, hitting $49.96. 3,021 shares of the company’s stock were exchanged, compared to its average volume of 23,541. VanEck AA-BB CLO ETF has a 12 month low of $45.00 and a 12 month high of $51.17. The business’s 50 day simple moving average is $50.45 and its two-hundred day simple moving average is $50.71.

VanEck AA-BB CLO ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a dividend of $0.2321 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.6%.

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.