VanEck CLO ETF (NYSEARCA:CLOI) Stock Short Interest Rises 151.1%

by · The Markets Daily

VanEck CLO ETF (NYSEARCA:CLOI – Get Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 150,222 shares, a growth of 151.1% from the September 30th total of 59,827 shares. Based on an average trading volume of 380,319 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the shares of the company are short sold.

VanEck CLO ETF Price Performance

Shares of NYSEARCA CLOI traded up $0.01 during mid-day trading on Friday, hitting $52.98. The company had a trading volume of 266,261 shares, compared to its average volume of 258,289. VanEck CLO ETF has a 1 year low of $52.36 and a 1 year high of $53.10. The stock’s 50-day moving average price is $52.89 and its 200-day moving average price is $52.82.

Institutional Investors Weigh In On VanEck CLO ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Integras Partners LLC raised its position in VanEck CLO ETF by 4.6% during the third quarter. Integras Partners LLC now owns 205,508 shares of the company’s stock valued at $10,886,000 after purchasing an additional 9,041 shares in the last quarter. Tucker Asset Management LLC raised its holdings in VanEck CLO ETF by 448.9% during the 3rd quarter. Tucker Asset Management LLC now owns 8,266 shares of the company’s stock valued at $438,000 after buying an additional 6,760 shares during the last quarter. Peck Wealth Management LLC increased its holdings in VanEck CLO ETF by 79.6% during the 3rd quarter. Peck Wealth Management LLC now owns 58,145 shares of the company’s stock valued at $3,080,000 after purchasing an additional 25,770 shares during the period. Global Assets Advisory LLC purchased a new position in shares of VanEck CLO ETF during the third quarter valued at approximately $487,000. Finally, Fusion Capital LLC raised its holdings in VanEck CLO ETF by 502.8% in the 3rd quarter. Fusion Capital LLC now owns 204,094 shares of the company’s stock worth $10,811,000 after purchasing an additional 170,239 shares in the last quarter.

VanEck CLO ETF Company Profile

(Get Free Report)

The VanEck CLO ETF (CLOI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in collateralized loan obligations (CLOs) of any maturity. While targeting USD-denominated high-quality CLOs, the fund may still hold high-yield bonds in foreign currency. CLOI was launched on Jun 21, 2022 and is managed by VanEck.

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