iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Short Interest Up 544.6% in March

iShares BBB-B CLO Active ETF (NASDAQ:BCLO) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 4,209 shares, a growth of 544.6% from the February 26th total of 653 shares. Based on an average daily volume of 7,457 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the shares of the stock are short sold.

iShares BBB-B CLO Active ETF Price Performance

Shares of iShares BBB-B CLO Active ETF stock opened at $49.12 on Thursday. The firm has a 50 day simple moving average of $49.42 and a 200 day simple moving average of $49.68. iShares BBB-B CLO Active ETF has a fifty-two week low of $47.55 and a fifty-two week high of $50.22.

iShares BBB-B CLO Active ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.2412 dividend. The ex-dividend date was Monday, March 2nd.

Institutional Investors Weigh In On iShares BBB-B CLO Active ETF

A hedge fund recently bought a new stake in iShares BBB-B CLO Active ETF stock. Sunbelt Securities Inc. purchased a new stake in shares of iShares BBB-B CLO Active ETF (NASDAQ:BCLO) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,059 shares of the company’s stock, valued at approximately $254,000. Sunbelt Securities Inc. owned 0.36% of iShares BBB-B CLO Active ETF as of its most recent SEC filing.

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.