Short Interest in iShares BBB-B CLO Active ETF (NASDAQ:BCLO) Declines By 68.8%

iShares BBB-B CLO Active ETF (NASDAQ:BCLO) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 15,248 shares, a decline of 68.8% from the July 30th total of 48,898 shares. Based on an average daily trading volume, of 15,880 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.9% of the company’s stock are short sold.

Hedge Funds Weigh In On iShares BBB-B CLO Active ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Syon Capital LLC acquired a new position in shares of iShares BBB-B CLO Active ETF in the fourth quarter valued at $830,000. Sunbelt Securities Inc. acquired a new stake in shares of iShares BBB-B CLO Active ETF during the 3rd quarter worth about $254,000. Finally, Markowski Investments acquired a new stake in shares of iShares BBB-B CLO Active ETF during the 2nd quarter worth about $100,000.

iShares BBB-B CLO Active ETF Price Performance

NASDAQ BCLO opened at $49.79 on Thursday. iShares BBB-B CLO Active ETF has a 12 month low of $48.42 and a 12 month high of $50.22. The stock has a 50 day moving average of $49.61 and a 200-day moving average of $49.46.

iShares BBB-B CLO Active ETF Increases Dividend

The firm also recently declared 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 represents a c) annualized dividend and a yield of 6.2%. This is a positive change from iShares BBB-B CLO Active ETF’s previous monthly dividend of $0.25.

iShares BBB-B CLO Active ETF Company Profile

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.