VanEck AA-BB CLO ETF (NYSEARCA:CLOB) Short Interest Down 39.0% in June

VanEck AA-BB CLO ETF (NYSEARCA:CLOB) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 6,860 shares, a decrease of 39.0% from the June 15th total of 11,239 shares. Based on an average daily volume of 8,512 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Trading of VanEck AA-BB CLO ETF

Institutional investors have recently bought and sold shares of the business. Ferguson Shapiro LLC increased its position in shares of VanEck AA-BB CLO ETF by 3.7% during the second quarter. Ferguson Shapiro LLC now owns 8,956 shares of the company’s stock worth $452,000 after purchasing an additional 316 shares in the last quarter. International Assets Investment Management LLC grew its position in shares of VanEck AA-BB CLO ETF by 82.2% in the first quarter. International Assets Investment Management LLC now owns 1,540 shares of the company’s stock valued at $77,000 after purchasing an additional 695 shares during the last quarter. Mpwm Advisory Solutions LLC purchased a new position in shares of VanEck AA-BB CLO ETF during the 3rd quarter worth $41,000. Summit Financial LLC increased its holdings in shares of VanEck AA-BB CLO ETF by 20.7% during the 4th quarter. Summit Financial LLC now owns 9,475 shares of the company’s stock worth $480,000 after buying an additional 1,622 shares during the last quarter. Finally, Tower Research Capital LLC TRC acquired a new stake in shares of VanEck AA-BB CLO ETF in the second quarter worth $84,000.

VanEck AA-BB CLO ETF Stock Up 0.0%

CLOB traded up $0.02 on Friday, hitting $50.30. The company had a trading volume of 4,616 shares, compared to its average volume of 15,735. VanEck AA-BB CLO ETF has a 1 year low of $49.28 and a 1 year high of $51.17. The company’s fifty day moving average price is $50.42 and its 200 day moving average price is $50.39.

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.