iShares AAA CLO Active ETF (NASDAQ:CLOA) Short Interest Down 47.6% in August

iShares AAA CLO Active ETF (NASDAQ:CLOA) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 123,204 shares, a decline of 47.6% from the July 30th total of 234,983 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 357,393 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its stake in iShares AAA CLO Active ETF by 2.5% during the second quarter. JPMorgan Chase & Co. now owns 136,347 shares of the company’s stock worth $7,079,000 after purchasing an additional 3,389 shares during the last quarter. Imprint Wealth LLC purchased a new position in iShares AAA CLO Active ETF in the third quarter valued at approximately $67,000. Flow Traders U.S. LLC raised its holdings in iShares AAA CLO Active ETF by 4.0% during the third quarter. Flow Traders U.S. LLC now owns 19,577 shares of the company’s stock worth $1,017,000 after purchasing an additional 755 shares in the last quarter. United Capital Financial Advisors LLC acquired a new stake in iShares AAA CLO Active ETF during the third quarter worth approximately $2,543,000. Finally, Triumph Capital Management lifted its position in shares of iShares AAA CLO Active ETF by 2.5% during the 3rd quarter. Triumph Capital Management now owns 28,619 shares of the company’s stock worth $1,487,000 after buying an additional 708 shares during the last quarter.

iShares AAA CLO Active ETF Price Performance

NASDAQ:CLOA remained flat at $51.97 during trading hours on Friday. The company had a trading volume of 375,212 shares, compared to its average volume of 505,188. The company has a 50-day simple moving average of $51.87 and a two-hundred day simple moving average of $51.84. iShares AAA CLO Active ETF has a 52-week low of $51.53 and a 52-week high of $52.05.

iShares AAA CLO Active ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a dividend of $0.2061 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 4.8%. This is an increase from iShares AAA CLO Active ETF’s previous monthly dividend of $0.20.

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.