iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Short Interest Up 56.5% in April

iShares BBB-B CLO Active ETF (NASDAQ:BCLOGet Free Report) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totaling 13,307 shares, an increase of 56.5% from the March 31st total of 8,503 shares. Based on an average daily trading volume, of 4,180 shares, the days-to-cover ratio is currently 3.2 days. Approximately 0.9% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares BBB-B CLO Active ETF

An institutional investor recently raised its position in iShares BBB-B CLO Active ETF stock. Sunbelt Securities Inc. lifted its stake in shares of iShares BBB-B CLO Active ETF (NASDAQ:BCLOFree Report) by 44.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,304 shares of the company’s stock after buying an additional 2,245 shares during the quarter. Sunbelt Securities Inc. owned approximately 0.49% of iShares BBB-B CLO Active ETF worth $362,000 at the end of the most recent reporting period.

iShares BBB-B CLO Active ETF Price Performance

Shares of iShares BBB-B CLO Active ETF stock opened at $49.42 on Monday. iShares BBB-B CLO Active ETF has a one year low of $48.42 and a one year high of $50.22. The business has a 50-day simple moving average of $49.09 and a 200-day simple moving average of $49.54.

iShares BBB-B CLO Active ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Stockholders 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) dividend on an annualized basis and a dividend yield of 6.5%.

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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