Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAA) Short Interest Update

Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAA) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totaling 5,455 shares, a growth of 71.5% from the March 15th total of 3,181 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 8,174 shares, the days-to-cover ratio is currently 0.7 days.

Alternative Access First Priority CLO Bond ETF Price Performance

Shares of Alternative Access First Priority CLO Bond ETF stock remained flat at $24.91 during trading on Tuesday. The stock had a trading volume of 2,410 shares, compared to its average volume of 7,675. Alternative Access First Priority CLO Bond ETF has a fifty-two week low of $24.65 and a fifty-two week high of $25.14. The business’s fifty day moving average is $24.98 and its two-hundred day moving average is $25.00.

Alternative Access First Priority CLO Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were paid a $0.0942 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Friday, February 27th.

Alternative Access First Priority CLO Bond ETF Company Profile

The AXS First Priority CLO Bond ETF (AAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide income by actively selecting USD-denominated, investment-grade collateralized loan obligations, or CLO bonds, of any maturity. AAA was launched on Sep 9, 2020 and is managed by AXS Investments.