Short Interest in VanEck AA-BB CLO ETF (NYSEARCA:CLOB) Grows By 78.5%

VanEck AA-BB CLO ETF (NYSEARCA:CLOBGet Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 11,239 shares, a growth of 78.5% from the May 31st total of 6,298 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 9,085 shares, the short-interest ratio is currently 1.2 days.

Institutional Investors Weigh In On VanEck AA-BB CLO ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Independence Asset Advisors LLC boosted its position in VanEck AA-BB CLO ETF by 1.8% in the first quarter. Independence Asset Advisors LLC now owns 911,773 shares of the company’s stock valued at $45,575,000 after buying an additional 16,237 shares during the last quarter. Jane Street Group LLC raised its position in VanEck AA-BB CLO ETF by 187.3% during the 2nd quarter. Jane Street Group LLC now owns 202,298 shares of the company’s stock worth $10,281,000 after buying an additional 131,895 shares during the last quarter. Darwin Wealth Management LLC raised its position in VanEck AA-BB CLO ETF by 2.0% during the 4th quarter. Darwin Wealth Management LLC now owns 159,453 shares of the company’s stock worth $8,079,000 after buying an additional 3,119 shares during the last quarter. Axxcess Wealth Management LLC acquired a new stake in VanEck AA-BB CLO ETF during the 4th quarter valued at approximately $8,031,000. Finally, L & S Advisors Inc lifted its stake in VanEck AA-BB CLO ETF by 320.8% during the 4th quarter. L & S Advisors Inc now owns 140,445 shares of the company’s stock valued at $7,116,000 after acquiring an additional 107,073 shares during the period.

VanEck AA-BB CLO ETF Stock Down 0.4%

Shares of CLOB opened at $50.31 on Thursday. The stock has a 50-day moving average of $50.43 and a two-hundred day moving average of $50.44. VanEck AA-BB CLO ETF has a one year low of $49.28 and a one year high of $51.17.

About VanEck AA-BB CLO ETF

(Get Free Report)

The VanEck AA-BB CLO ETF (CLOB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in collateralized loan obligations (CLOs) of any maturity that are rated between AA+ and BB-. While targeting USD-denominated high-quality CLOs, the fund may still hold high-yield bonds in foreign currency. CLOB was launched on Sep 24, 2024 and is issued by VanEck.

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