VanEck AA-BB CLO ETF (NYSEARCA:CLOB) Short Interest Down 19.6% in December
by Kim Johansen · The Markets DailyVanEck AA-BB CLO ETF (NYSEARCA:CLOB – Get Free Report) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 20,983 shares, a decrease of 19.6% from the November 30th total of 26,094 shares. Based on an average trading volume of 10,113 shares, the short-interest ratio is currently 2.1 days. Currently, 0.7% of the company’s shares are sold short. Currently, 0.7% of the company’s shares are sold short. Based on an average trading volume of 10,113 shares, the short-interest ratio is currently 2.1 days.
Institutional Investors Weigh In On VanEck AA-BB CLO ETF
Several large investors have recently added to or reduced their stakes in the business. Balefire LLC boosted its holdings in shares of VanEck AA-BB CLO ETF by 46.4% during the 2nd quarter. Balefire LLC now owns 13,054 shares of the company’s stock worth $663,000 after buying an additional 4,135 shares in the last quarter. Independence Asset Advisors LLC lifted its position in shares of VanEck AA-BB CLO ETF by 5,087.4% during the 2nd quarter. Independence Asset Advisors LLC now owns 389,057 shares of the company’s stock valued at $19,771,000 after acquiring an additional 381,557 shares during the period. L & S Advisors Inc boosted its stake in VanEck AA-BB CLO ETF by 91.3% during the second quarter. L & S Advisors Inc now owns 34,703 shares of the company’s stock worth $1,764,000 after acquiring an additional 16,567 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in VanEck AA-BB CLO ETF in the second quarter worth $336,000. Finally, Jane Street Group LLC increased its stake in VanEck AA-BB CLO ETF by 31.9% in the first quarter. Jane Street Group LLC now owns 70,403 shares of the company’s stock valued at $3,567,000 after purchasing an additional 17,022 shares in the last quarter.
VanEck AA-BB CLO ETF Stock Performance
NYSEARCA:CLOB traded down $0.08 on Thursday, reaching $50.67. 17,485 shares of the stock traded hands, compared to its average volume of 24,607. VanEck AA-BB CLO ETF has a 1-year low of $45.00 and a 1-year high of $51.17. The company’s 50 day moving average is $50.87 and its 200-day moving average is $50.81.
About VanEck AA-BB CLO ETF
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.