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

VanEck AA-BB CLO ETF (NYSEARCA:CLOBGet Free Report) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 11,239 shares, a growth of 78.5% from the May 31st total of 6,298 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 9,085 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Investors Weigh In On VanEck AA-BB CLO ETF

Several institutional investors have recently added to or reduced their stakes in the business. Mpwm Advisory Solutions LLC acquired a new position in shares of VanEck AA-BB CLO ETF during the third quarter valued at about $41,000. International Assets Investment Management LLC purchased a new stake in VanEck AA-BB CLO ETF during the 4th quarter worth approximately $43,000. Tower Research Capital LLC TRC purchased a new stake in VanEck AA-BB CLO ETF during the 2nd quarter worth approximately $84,000. Osaic Holdings Inc. purchased a new position in shares of VanEck AA-BB CLO ETF in the second quarter worth $206,000. Finally, EP Wealth Advisors LLC purchased a new position in shares of VanEck AA-BB CLO ETF in the second quarter worth $336,000.

VanEck AA-BB CLO ETF Stock Performance

Shares of CLOB stock opened at $50.31 on Thursday. VanEck AA-BB CLO ETF has a 1-year low of $49.28 and a 1-year high of $51.17. The stock’s fifty day moving average price is $50.43 and its 200 day moving average price is $50.44.

VanEck AA-BB CLO ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for VanEck AA-BB CLO ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck AA-BB CLO ETF and related companies with MarketBeat.com's FREE daily email newsletter.