Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO) Short Interest Up 157.8% in December

by · The Markets Daily

Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO – Get Free Report) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 48,288 shares, an increase of 157.8% from the November 30th total of 18,733 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily volume of 70,894 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 70,894 shares, the short-interest ratio is presently 0.7 days. Currently, 1.0% of the company’s stock are short sold.

Nuveen AA-BBB CLO ETF Stock Performance

NCLO stock remained flat at $25.00 during midday trading on Friday. 13,497 shares of the company’s stock were exchanged, compared to its average volume of 41,531. Nuveen AA-BBB CLO ETF has a 12 month low of $23.98 and a 12 month high of $25.27. The company’s fifty day moving average price is $25.07 and its 200-day moving average price is $25.06.

Institutional Investors Weigh In On Nuveen AA-BBB CLO ETF

Several large investors have recently modified their holdings of the stock. Trajan Wealth LLC acquired a new stake in shares of Nuveen AA-BBB CLO ETF during the third quarter valued at $338,000. Jane Street Group LLC acquired a new position in shares of Nuveen AA-BBB CLO ETF in the 2nd quarter valued at about $992,000. Corrado Advisors LLC grew its holdings in shares of Nuveen AA-BBB CLO ETF by 3.6% during the 2nd quarter. Corrado Advisors LLC now owns 71,931 shares of the company’s stock worth $1,807,000 after purchasing an additional 2,512 shares during the period. Finally, Natixis Advisors LLC lifted its position in Nuveen AA-BBB CLO ETF by 112.1% during 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.

About Nuveen AA-BBB CLO ETF

(Get Free Report)

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.

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