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

iShares BBB-B CLO Active ETF (NASDAQ:BCLO) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totaling 614 shares, a decline of 67.2% from the December 31st total of 1,870 shares. Based on an average daily volume of 7,534 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 7,534 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds 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 iShares BBB-B CLO Active ETF (NASDAQ:BCLO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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 at the end of the most recent quarter.

iShares BBB-B CLO Active ETF Price Performance

BCLO stock opened at $50.04 on Friday. The company’s 50-day moving average is $49.75 and its 200-day moving average is $49.85. iShares BBB-B CLO Active ETF has a 1 year low of $47.55 and a 1 year high of $50.56.

iShares BBB-B CLO Active ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a dividend of $0.2762 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend was Friday, December 19th.

iShares BBB-B CLO Active ETF Company Profile

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.