VanEck AA-BB CLO ETF (NYSEARCA:CLOB) Short Interest Down 30.7% in March
by Jessica Moore · The Cerbat GemVanEck AA-BB CLO ETF (NYSEARCA:CLOB – Get Free Report) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 8,577 shares, a drop of 30.7% from the March 15th total of 12,378 shares. Based on an average trading volume of 11,417 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the shares of the company are short sold.
Institutional Trading of VanEck AA-BB CLO ETF
Large investors have recently modified their holdings of the business. Independence Asset Advisors LLC boosted its position in shares of VanEck AA-BB CLO ETF by 126.7% in the 3rd quarter. Independence Asset Advisors LLC now owns 882,028 shares of the company’s stock worth $44,971,000 after purchasing an additional 492,971 shares in the last quarter. Axxcess Wealth Management LLC bought a new stake in shares of VanEck AA-BB CLO ETF in the 4th quarter worth approximately $8,031,000. Darwin Wealth Management LLC bought a new stake in shares of VanEck AA-BB CLO ETF in the 2nd quarter worth approximately $7,755,000. Jane Street Group LLC boosted its position in shares of VanEck AA-BB CLO ETF by 187.3% in the 2nd quarter. Jane Street Group LLC now owns 202,298 shares of the company’s stock worth $10,281,000 after purchasing an additional 131,895 shares in the last quarter. Finally, L & S Advisors Inc boosted its position in shares of VanEck AA-BB CLO ETF by 320.8% in the 4th quarter. L & S Advisors Inc now owns 140,445 shares of the company’s stock worth $7,116,000 after purchasing an additional 107,073 shares in the last quarter.
VanEck AA-BB CLO ETF Stock Up 0.1%
Shares of CLOB traded up $0.04 during trading hours on Wednesday, hitting $50.02. The company had a trading volume of 24,758 shares, compared to its average volume of 20,801. The stock’s 50 day moving average price is $50.15 and its 200 day moving average price is $50.61. VanEck AA-BB CLO ETF has a 52-week low of $48.82 and a 52-week high of $51.17.
VanEck AA-BB CLO ETF Company Profile
The VanEck AA-BB CLO ETF (CLOB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in collateralized loan obligations (CLOs) of any maturity that are rated between AA+ and BB-. While targeting USD-denominated high-quality CLOs, the fund may still hold high-yield bonds in foreign currency. CLOB was launched on Sep 24, 2024 and is issued by VanEck.