iShares AAA CLO Active ETF (NASDAQ:CLOA) Short Interest Down 71.2% in January

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 21,600 shares, a drop of 71.2% from the January 15th total of 75,000 shares. Based on an average daily volume of 186,200 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On iShares AAA CLO Active ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares AAA CLO Active ETF during the 4th quarter worth $26,000. PSI Advisors LLC boosted its position in iShares AAA CLO Active ETF by 76.2% during the fourth quarter. PSI Advisors LLC now owns 916 shares of the company’s stock valued at $47,000 after purchasing an additional 396 shares in the last quarter. First Horizon Advisors Inc. boosted its position in iShares AAA CLO Active ETF by 45.7% during the third quarter. First Horizon Advisors Inc. now owns 1,690 shares of the company’s stock valued at $88,000 after purchasing an additional 530 shares in the last quarter. IFP Advisors Inc boosted its position in iShares AAA CLO Active ETF by 1.3% during the fourth quarter. IFP Advisors Inc now owns 14,876 shares of the company’s stock valued at $770,000 after purchasing an additional 194 shares in the last quarter. Finally, Aureus Asset Management LLC boosted its position in iShares AAA CLO Active ETF by 482.9% during the third quarter. Aureus Asset Management LLC now owns 48,502 shares of the company’s stock valued at $2,521,000 after purchasing an additional 40,181 shares in the last quarter.

iShares AAA CLO Active ETF Trading Down 0.0 %

CLOA stock traded down $0.01 during trading on Thursday, hitting $51.90. The company had a trading volume of 172,989 shares, compared to its average volume of 276,320. iShares AAA CLO Active ETF has a 52-week low of $51.47 and a 52-week high of $52.12. The company has a 50 day simple moving average of $51.84 and a 200-day simple moving average of $51.84.

iShares AAA CLO Active ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2438 per share. The ex-dividend date was Monday, February 3rd.

About iShares AAA CLO Active ETF

The BlackRock AAA CLO ETF (CLOA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated CLOs that are rated AAA. CLOA was launched on Jan 10, 2023 and is managed by BlackRock.