Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) Sees Significant Drop in Short Interest

Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totaling 75,859 shares, a drop of 53.0% from the May 31st total of 161,544 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 159,657 shares, the days-to-cover ratio is presently 0.5 days.

Invesco AAA CLO Floating Rate Note ETF Trading Up 0.0%

Shares of ICLO opened at $25.59 on Tuesday. Invesco AAA CLO Floating Rate Note ETF has a 52-week low of $25.23 and a 52-week high of $25.72. The business’s fifty day moving average is $25.58 and its 200-day moving average is $25.56.

Institutional Trading of Invesco AAA CLO Floating Rate Note ETF

Several large investors have recently bought and sold shares of the business. World Investment Advisors increased its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 3.5% during the first quarter. World Investment Advisors now owns 21,733 shares of the company’s stock worth $554,000 after buying an additional 744 shares in the last quarter. Asset Allocation Strategies LLC lifted its stake in shares of Invesco AAA CLO Floating Rate Note ETF by 0.8% in the 1st quarter. Asset Allocation Strategies LLC now owns 127,462 shares of the company’s stock valued at $3,252,000 after acquiring an additional 1,023 shares during the last quarter. Simplicity Wealth LLC boosted its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 5.2% during the 4th quarter. Simplicity Wealth LLC now owns 21,531 shares of the company’s stock valued at $550,000 after acquiring an additional 1,058 shares in the last quarter. Comerica Bank boosted its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 29.6% during the 4th quarter. Comerica Bank now owns 6,645 shares of the company’s stock valued at $170,000 after acquiring an additional 1,516 shares in the last quarter. Finally, Kingdom Financial Group LLC. grew its position in Invesco AAA CLO Floating Rate Note ETF by 25.5% during the 4th quarter. Kingdom Financial Group LLC. now owns 11,850 shares of the company’s stock worth $303,000 after acquiring an additional 2,405 shares during the last quarter.

About Invesco AAA CLO Floating Rate Note ETF

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.