CLOI Plummets Below Key Moving Average Level

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On Tuesday, shares of the VanEck CLO ETF (CLOI) fell below their 200-day moving average of $52.86, trading as low as $52.66. Currently, the ETF is down approximately 0.3% on the day, with a last trade price of $52.75.

Over the past year, CLOI has seen a low of $50.12 and a high of $53.21, marking a significant fluctuation in its market performance.

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