Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAA) Sees Significant Increase in Short Interest

Alternative Access First Priority CLO Bond ETF (NYSEARCA:AAA) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 7,957 shares, an increase of 456.8% from the September 15th total of 1,429 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 13,074 shares, the short-interest ratio is currently 0.6 days.

Alternative Access First Priority CLO Bond ETF Price Performance

NYSEARCA:AAA traded down $0.12 during midday trading on Friday, hitting $24.74. 146,252 shares of the stock were exchanged, compared to its average volume of 14,225. Alternative Access First Priority CLO Bond ETF has a one year low of $24.67 and a one year high of $25.18. The business has a 50-day moving average price of $24.95 and a two-hundred day moving average price of $24.96.

About Alternative Access First Priority CLO Bond ETF

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.