Short Interest in Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) Declines By 18.4%

Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) saw a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 12,383,913 shares, a drop of 18.4% from the February 12th total of 15,184,215 shares. Approximately 2.4% of the company’s stock are short sold. Based on an average daily trading volume, of 8,178,136 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily trading volume, of 8,178,136 shares, the days-to-cover ratio is presently 1.5 days. Approximately 2.4% of the company’s stock are short sold.

Janus Henderson AAA CLO ETF Price Performance

Shares of NYSEARCA:JAAA opened at $50.38 on Friday. The firm has a 50 day moving average of $50.65 and a 200 day moving average of $50.64. Janus Henderson AAA CLO ETF has a 52 week low of $49.65 and a 52 week high of $50.85.

Janus Henderson AAA CLO ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 27th were given a $0.1934 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Friday, February 27th. This is a positive change from Janus Henderson AAA CLO ETF’s previous monthly dividend of $0.18.

Institutional Investors Weigh In On Janus Henderson AAA CLO ETF

A number of hedge funds have recently made changes to their positions in the stock. Bison Wealth LLC raised its holdings in Janus Henderson AAA CLO ETF by 14.5% in the fourth quarter. Bison Wealth LLC now owns 49,316 shares of the company’s stock worth $2,501,000 after purchasing an additional 6,241 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of Janus Henderson AAA CLO ETF during the first quarter valued at about $24,903,000. Allworth Financial LP boosted its holdings in shares of Janus Henderson AAA CLO ETF by 60.4% in the 2nd quarter. Allworth Financial LP now owns 6,688 shares of the company’s stock valued at $339,000 after buying an additional 2,519 shares in the last quarter. Clearstead Trust LLC boosted its holdings in shares of Janus Henderson AAA CLO ETF by 2,625.0% in the 2nd quarter. Clearstead Trust LLC now owns 2,180 shares of the company’s stock valued at $111,000 after buying an additional 2,100 shares in the last quarter. Finally, Foundations Investment Advisors LLC grew its position in shares of Janus Henderson AAA CLO ETF by 12.2% in the 2nd quarter. Foundations Investment Advisors LLC now owns 202,531 shares of the company’s stock worth $10,278,000 after buying an additional 21,995 shares during the last quarter.

Janus Henderson AAA CLO ETF Company Profile

The Janus Henderson AAA CLO ETF (JAAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income by actively selecting investment-grade floating rate collateralized loan obligations (CLO) securities of various maturities from issuers around the globe. JAAA was launched on Oct 16, 2020 and is managed by Janus Henderson.