Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) Sees Significant Decrease in Short Interest

Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 19,695 shares, a drop of 59.2% from the December 15th total of 48,288 shares. Based on an average trading volume of 69,061 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the company’s shares are short sold. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 69,061 shares, the short-interest ratio is currently 0.3 days.

Nuveen AA-BBB CLO ETF Stock Performance

Shares of NCLO stock traded up $0.02 during trading hours on Wednesday, hitting $25.05. The company had a trading volume of 17,270 shares, compared to its average volume of 41,752. The company’s fifty day moving average is $25.05 and its 200 day moving average is $25.06. Nuveen AA-BBB CLO ETF has a fifty-two week low of $23.98 and a fifty-two week high of $25.27.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of NCLO. Natixis Advisors LLC grew its stake in shares of Nuveen AA-BBB CLO ETF by 112.1% in the third quarter. Natixis Advisors LLC now owns 93,313 shares of the company’s stock valued at $2,343,000 after buying an additional 49,314 shares in the last quarter. Jane Street Group LLC purchased a new position in Nuveen AA-BBB CLO ETF during the 2nd quarter valued at about $992,000. Trajan Wealth LLC purchased a new position in Nuveen AA-BBB CLO ETF during the 3rd quarter valued at about $338,000. Finally, Corrado Advisors LLC grew its position in Nuveen AA-BBB CLO ETF by 3.6% in the 2nd quarter. Corrado Advisors LLC now owns 71,931 shares of the company’s stock valued at $1,807,000 after acquiring an additional 2,512 shares in the last quarter.

About Nuveen AA-BBB CLO ETF

The Nuveen AA-BBB CLO ETF (NCLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, seeking total return through investments in USD-denominated, investment-grade collateralized loan obligations (CLOs) of any maturity. NCLO was launched on Dec 10, 2024 and is issued by Nuveen.