Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) Short Interest Down 58.5% in May

Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 68,482 shares, a decrease of 58.5% from the April 30th total of 165,064 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 108,440 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Invesco AAA CLO Floating Rate Note ETF

Several large investors have recently made changes to their positions in the business. Concurrent Investment Advisors LLC boosted its holdings in Invesco AAA CLO Floating Rate Note ETF by 95.4% during the fourth quarter. Concurrent Investment Advisors LLC now owns 87,413 shares of the company’s stock worth $2,233,000 after buying an additional 42,674 shares in the last quarter. Flagship Harbor Advisors LLC boosted its holdings in Invesco AAA CLO Floating Rate Note ETF by 13.5% during the third quarter. Flagship Harbor Advisors LLC now owns 284,115 shares of the company’s stock worth $7,276,000 after buying an additional 33,760 shares in the last quarter. Elevatus Welath Management boosted its holdings in Invesco AAA CLO Floating Rate Note ETF by 261.2% during the fourth quarter. Elevatus Welath Management now owns 173,450 shares of the company’s stock worth $4,432,000 after buying an additional 125,433 shares in the last quarter. Meridian Financial Advisors LLC boosted its holdings in Invesco AAA CLO Floating Rate Note ETF by 112.7% during the fourth quarter. Meridian Financial Advisors LLC now owns 44,034 shares of the company’s stock worth $1,125,000 after buying an additional 23,334 shares in the last quarter. Finally, AE Wealth Management LLC boosted its holdings in Invesco AAA CLO Floating Rate Note ETF by 4.7% during the fourth quarter. AE Wealth Management LLC now owns 990,873 shares of the company’s stock worth $25,317,000 after buying an additional 44,857 shares in the last quarter.

Invesco AAA CLO Floating Rate Note ETF Stock Up 0.0%

ICLO stock opened at $25.57 on Friday. The firm’s fifty day simple moving average is $25.54 and its 200-day simple moving average is $25.56. Invesco AAA CLO Floating Rate Note ETF has a 12 month low of $25.23 and a 12 month high of $25.70.

About Invesco AAA CLO Floating Rate Note ETF

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.