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

Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 49,797 shares, an increase of 57.8% from the August 31st total of 31,555 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 147,346 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Invesco AAA CLO Floating Rate Note ETF

Hedge funds have recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its position in shares of Invesco AAA CLO Floating Rate Note ETF by 775.6% during the 1st quarter. Cetera Investment Advisers now owns 412,542 shares of the company’s stock worth $10,524,000 after buying an additional 365,424 shares during the period. Modern Wealth Management LLC boosted its stake in Invesco AAA CLO Floating Rate Note ETF by 3.0% in the first quarter. Modern Wealth Management LLC now owns 411,985 shares of the company’s stock valued at $10,512,000 after acquiring an additional 12,079 shares during the last quarter. Stewardship Advisors LLC acquired a new stake in Invesco AAA CLO Floating Rate Note ETF during the 1st quarter worth $5,007,000. Ritholtz Wealth Management grew its holdings in Invesco AAA CLO Floating Rate Note ETF by 19.2% during the 1st quarter. Ritholtz Wealth Management now owns 186,511 shares of the company’s stock worth $4,758,000 after acquiring an additional 30,001 shares during the period. Finally, Ashton Thomas Securities LLC raised its position in shares of Invesco AAA CLO Floating Rate Note ETF by 1.9% during the 1st quarter. Ashton Thomas Securities LLC now owns 175,978 shares of the company’s stock valued at $4,489,000 after acquiring an additional 3,242 shares during the last quarter.

Invesco AAA CLO Floating Rate Note ETF Stock Performance

ICLO stock opened at $25.61 on Friday. The company has a 50 day moving average price of $25.61 and a 200 day moving average price of $25.58. Invesco AAA CLO Floating Rate Note ETF has a fifty-two week low of $25.23 and a fifty-two week high of $25.72.

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.