Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) Short Interest Update

Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 161,544 shares, a growth of 135.9% from the May 14th total of 68,482 shares. Based on an average trading volume of 84,436 shares, the short-interest ratio is currently 1.9 days. Approximately 1.3% of the shares of the company are sold short.

Invesco AAA CLO Floating Rate Note ETF Trading Down 0.2%

Shares of Invesco AAA CLO Floating Rate Note ETF stock traded down $0.04 on Friday, reaching $25.64. 218,653 shares of the stock were exchanged, compared to its average volume of 154,263. Invesco AAA CLO Floating Rate Note ETF has a 1-year low of $25.23 and a 1-year high of $25.70. The business has a fifty day moving average price of $25.56 and a two-hundred day moving average price of $25.56.

Hedge Funds Weigh In On Invesco AAA CLO Floating Rate Note ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC acquired a new stake in shares of Invesco AAA CLO Floating Rate Note ETF in the 1st quarter valued at approximately $297,000. Jane Street Group LLC acquired a new position in Invesco AAA CLO Floating Rate Note ETF during the first quarter worth $680,000. Bank of America Corp DE raised its position in Invesco AAA CLO Floating Rate Note ETF by 9.1% in the second quarter. Bank of America Corp DE now owns 84,142 shares of the company’s stock worth $2,151,000 after acquiring an additional 6,992 shares in the last quarter. Asset Allocation Strategies LLC purchased a new position in Invesco AAA CLO Floating Rate Note ETF in the second quarter worth $1,769,000. Finally, Truist Financial Corp lifted its holdings in Invesco AAA CLO Floating Rate Note ETF by 41.3% in the third quarter. Truist Financial Corp now owns 20,496 shares of the company’s stock valued at $525,000 after acquiring an additional 5,990 shares during the period.

About Invesco AAA CLO Floating Rate Note ETF

The Invesco Aaa Clo Floating Rate Note ETF (ICLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in USD-denominated floating rate CLOs that are rated AAA or equivalent. ICLO was launched on Dec 9, 2022 and is managed by Invesco.