Short Interest in VanEck AA-BB CLO ETF (NYSEARCA:CLOB) Rises By 113.9%

VanEck AA-BB CLO ETF (NYSEARCA:CLOB) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 53,636 shares, a growth of 113.9% from the December 31st total of 25,070 shares. Based on an average daily trading volume, of 16,441 shares, the short-interest ratio is presently 3.3 days. Approximately 1.6% of the company’s shares are short sold. Approximately 1.6% of the company’s shares are short sold. Based on an average daily trading volume, of 16,441 shares, the short-interest ratio is presently 3.3 days.

Institutional Investors Weigh In On VanEck AA-BB CLO ETF

Institutional investors have recently bought and sold shares of the stock. Independence Asset Advisors LLC boosted its position in shares of VanEck AA-BB CLO ETF by 126.7% in the third quarter. Independence Asset Advisors LLC now owns 882,028 shares of the company’s stock worth $44,971,000 after buying an additional 492,971 shares during the period. Darwin Wealth Management LLC purchased a new stake in VanEck AA-BB CLO ETF in the 2nd quarter worth about $7,755,000. Jane Street Group LLC boosted its position in VanEck AA-BB CLO ETF by 187.3% during the 2nd quarter. Jane Street Group LLC now owns 202,298 shares of the company’s stock worth $10,281,000 after acquiring an additional 131,895 shares during the period. L & S Advisors Inc grew its stake in VanEck AA-BB CLO ETF by 91.3% during the 2nd quarter. L & S Advisors Inc now owns 34,703 shares of the company’s stock valued at $1,764,000 after acquiring an additional 16,567 shares in the last quarter. Finally, Ferguson Shapiro LLC purchased a new position in VanEck AA-BB CLO ETF during the 3rd quarter valued at about $493,000.

VanEck AA-BB CLO ETF Stock Performance

Shares of NYSEARCA CLOB remained flat at $50.95 during trading on Friday. The stock had a trading volume of 8,819 shares, compared to its average volume of 20,921. VanEck AA-BB CLO ETF has a 1-year low of $45.00 and a 1-year high of $51.17. The stock has a 50 day simple moving average of $50.85 and a 200 day simple moving average of $50.84.

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.