iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Sees Significant Increase in Short Interest

iShares BBB-B CLO Active ETF (NASDAQ:BCLOGet Free Report) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 8,503 shares, a growth of 102.0% from the March 15th total of 4,209 shares. Based on an average daily volume of 4,038 shares, the days-to-cover ratio is presently 2.1 days. Approximately 0.6% of the shares of the stock are sold short.

iShares BBB-B CLO Active ETF Stock Up 0.1%

BCLO opened at $49.20 on Tuesday. iShares BBB-B CLO Active ETF has a twelve month low of $48.15 and a twelve month high of $50.22. The company has a 50-day simple moving average of $49.20 and a 200 day simple moving average of $49.59.

iShares BBB-B CLO Active ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were given a dividend of $0.2673 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) annualized dividend and a yield of 6.5%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares BBB-B CLO Active ETF stock. Sunbelt Securities Inc. raised its holdings in iShares BBB-B CLO Active ETF (NASDAQ:BCLOFree Report) by 44.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,304 shares of the company’s stock after acquiring an additional 2,245 shares during the period. Sunbelt Securities Inc. owned about 0.49% of iShares BBB-B CLO Active ETF worth $362,000 at the end of the most recent quarter.

iShares BBB-B CLO Active ETF Company Profile

(Get Free Report)

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.

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