Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) Short Interest Update

Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 165,064 shares, an increase of 500.2% from the April 15th total of 27,503 shares. Approximately 1.3% of the company’s shares are short sold. Based on an average trading volume of 104,939 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Trading of Invesco AAA CLO Floating Rate Note ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Flagship Harbor Advisors LLC raised its position in shares of Invesco AAA CLO Floating Rate Note ETF by 13.5% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 284,115 shares of the company’s stock valued at $7,276,000 after acquiring an additional 33,760 shares during the last quarter. Elevatus Welath Management increased its holdings in Invesco AAA CLO Floating Rate Note ETF by 261.2% in the fourth quarter. Elevatus Welath Management now owns 173,450 shares of the company’s stock valued at $4,432,000 after purchasing an additional 125,433 shares during the last quarter. Concurrent Investment Advisors LLC increased its holdings in Invesco AAA CLO Floating Rate Note ETF by 95.4% in the fourth quarter. Concurrent Investment Advisors LLC now owns 87,413 shares of the company’s stock valued at $2,233,000 after purchasing an additional 42,674 shares during the last quarter. AE Wealth Management LLC increased its holdings in Invesco AAA CLO Floating Rate Note ETF by 4.7% in the fourth quarter. AE Wealth Management LLC now owns 990,873 shares of the company’s stock valued at $25,317,000 after purchasing an additional 44,857 shares during the last quarter. Finally, Ritholtz Wealth Management bought a new stake in Invesco AAA CLO Floating Rate Note ETF in the fourth quarter valued at about $3,999,000.

Invesco AAA CLO Floating Rate Note ETF Price Performance

ICLO opened at $25.61 on Tuesday. The firm has a 50 day simple moving average of $25.53 and a 200 day simple moving average of $25.56. Invesco AAA CLO Floating Rate Note ETF has a fifty-two week low of $25.23 and a fifty-two week high of $25.70.

Invesco AAA CLO Floating Rate Note ETF Company Profile

The Invesco Aaa Clo Floating Rate Note ETF (ICLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in USD-denominated floating rate CLOs that are rated AAA or equivalent. ICLO was launched on Dec 9, 2022 and is managed by Invesco.