iShares AAA CLO Active ETF (NASDAQ:CLOA) Short Interest Down 47.0% in August

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 65,259 shares, a decrease of 47.0% from the August 15th total of 123,204 shares. Based on an average trading volume of 462,182 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are sold short.

iShares AAA CLO Active ETF Stock Up 0.1%

iShares AAA CLO Active ETF stock traded up $0.03 during trading on Tuesday, hitting $51.90. The company had a trading volume of 379,961 shares, compared to its average volume of 500,655. iShares AAA CLO Active ETF has a 1-year low of $51.53 and a 1-year high of $52.05. The company’s 50 day simple moving average is $51.87 and its 200-day simple moving average is $51.84.

iShares AAA CLO Active ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were paid a $0.2132 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This is a boost from iShares AAA CLO Active ETF’s previous monthly dividend of $0.21. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%.

Hedge Funds Weigh In On iShares AAA CLO Active ETF

Several hedge funds have recently bought and sold shares of the company. Markowski Investments purchased a new position in iShares AAA CLO Active ETF during the 2nd quarter valued at about $200,000. Kickstand Ventures LLC. lifted its position in shares of iShares AAA CLO Active ETF by 2.9% during the second quarter. Kickstand Ventures LLC. now owns 128,098 shares of the company’s stock worth $6,650,000 after purchasing an additional 3,559 shares in the last quarter. Trust Co. of Vermont purchased a new position in shares of iShares AAA CLO Active ETF in the second quarter valued at approximately $68,000. Bulwark Capital Corp boosted its stake in shares of iShares AAA CLO Active ETF by 39.4% in the second quarter. Bulwark Capital Corp now owns 98,567 shares of the company’s stock valued at $5,117,000 after purchasing an additional 27,872 shares during the period. Finally, Arkadios Wealth Advisors grew its holdings in shares of iShares AAA CLO Active ETF by 36.1% in the first quarter. Arkadios Wealth Advisors now owns 15,664 shares of the company’s stock valued at $812,000 after purchasing an additional 4,152 shares in the last quarter.

About iShares AAA CLO Active ETF

The BlackRock AAA CLO ETF (CLOA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated CLOs that are rated AAA. CLOA was launched on Jan 10, 2023 and is managed by BlackRock.