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

iShares BBB-B CLO Active ETF (NASDAQ:BCLO) was the recipient of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 1,717 shares, a drop of 47.0% from the January 29th total of 3,237 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,865 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 7,865 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

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

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

iShares BBB-B CLO Active ETF Stock Performance

Shares of NASDAQ:BCLO opened at $49.21 on Friday. The firm has a fifty day moving average price of $49.73 and a 200 day moving average price of $49.83. iShares BBB-B CLO Active ETF has a fifty-two week low of $47.55 and a fifty-two week high of $50.45.

iShares BBB-B CLO Active ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.2699 per share. This represents a c) annualized dividend and a dividend yield of 6.6%. The ex-dividend date of this dividend was Monday, February 2nd.

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.