Short Interest in iShares AAA CLO Active ETF (NASDAQ:CLOA) Drops By 35.4%

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 47,825 shares, a decrease of 35.4% from the November 30th total of 74,062 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 533,885 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 533,885 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Trading of iShares AAA CLO Active ETF

Several hedge funds have recently made changes to their positions in the business. Private Trust Co. NA purchased a new position in iShares AAA CLO Active ETF in the third quarter worth about $30,000. First Horizon Advisors Inc. lifted its stake in shares of iShares AAA CLO Active ETF by 51.7% in the 2nd quarter. First Horizon Advisors Inc. now owns 581 shares of the company’s stock valued at $30,000 after purchasing an additional 198 shares during the last quarter. Imprint Wealth LLC bought a new stake in shares of iShares AAA CLO Active ETF in the 3rd quarter valued at approximately $67,000. Huntington National Bank boosted its holdings in shares of iShares AAA CLO Active ETF by 30.5% in the 2nd quarter. Huntington National Bank now owns 2,593 shares of the company’s stock worth $135,000 after purchasing an additional 606 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of iShares AAA CLO Active ETF by 93.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,810 shares of the company’s stock worth $198,000 after purchasing an additional 1,838 shares during the period.

iShares AAA CLO Active ETF Price Performance

CLOA stock opened at $51.71 on Friday. The firm has a fifty day moving average price of $51.81 and a 200 day moving average price of $51.84. iShares AAA CLO Active ETF has a fifty-two week low of $50.61 and a fifty-two week high of $52.05.

iShares AAA CLO Active ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.2264 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Friday, December 19th. This is an increase from iShares AAA CLO Active ETF’s previous monthly dividend of $0.21.

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.