iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Sees Large Growth in Short Interest

iShares BBB-B CLO Active ETF (NASDAQ:BCLOGet Free Report) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 48,898 shares, an increase of 290.1% from the July 15th total of 12,535 shares. Based on an average trading volume of 10,629 shares, the days-to-cover ratio is currently 4.6 days. Approximately 2.9% of the company’s stock are sold short.

Institutional Trading of iShares BBB-B CLO Active ETF

A hedge fund recently bought a new stake in iShares BBB-B CLO Active ETF stock. Sunbelt Securities Inc. bought a new stake in iShares BBB-B CLO Active ETF (NASDAQ:BCLOFree Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,059 shares of the company’s stock, valued at approximately $254,000. Sunbelt Securities Inc. owned 0.36% of iShares BBB-B CLO Active ETF at the end of the most recent reporting period.

iShares BBB-B CLO Active ETF Stock Performance

BCLO traded up $0.01 on Friday, reaching $49.66. The company’s stock had a trading volume of 375 shares, compared to its average volume of 6,412. iShares BBB-B CLO Active ETF has a fifty-two week low of $48.42 and a fifty-two week high of $50.22. The stock has a 50 day moving average of $49.61 and a two-hundred day moving average of $49.47.

iShares BBB-B CLO Active ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.2571 per share. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from iShares BBB-B CLO Active ETF’s previous monthly dividend of $0.25. This represents a c) annualized dividend and a dividend yield of 6.2%.

About iShares BBB-B CLO Active ETF

(Get Free Report)

The iShares BBB-B CLO Active ETF (BCLO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a portfolio of collateralized loan obligations rated from BBB+ to B-, and of any maturity. These securities are primarily denominated in USD, but may also be denominated in foreign currencies. BCLO was launched on Jan 29, 2025 and is issued by BlackRock.

See Also

Receive News & Ratings for iShares BBB-B CLO Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares BBB-B CLO Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.