Short Interest in Eldridge AAA CLO ETF (NYSEARCA:CLOX) Expands By 346.3%

Eldridge AAA CLO ETF (NYSEARCA:CLOX) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 232,696 shares, an increase of 346.3% from the January 15th total of 52,143 shares. Based on an average trading volume of 133,043 shares, the short-interest ratio is presently 1.7 days. Approximately 2.1% of the shares of the company are short sold. Approximately 2.1% of the shares of the company are short sold. Based on an average trading volume of 133,043 shares, the short-interest ratio is presently 1.7 days.

Eldridge AAA CLO ETF Stock Down 0.0%

Shares of Eldridge AAA CLO ETF stock traded down $0.01 on Friday, reaching $25.56. 95,738 shares of the company were exchanged, compared to its average volume of 136,134. Eldridge AAA CLO ETF has a 1-year low of $24.10 and a 1-year high of $25.71. The company’s 50-day moving average is $25.56 and its two-hundred day moving average is $25.55.

Eldridge AAA CLO ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Tuesday, February 3rd were given a dividend of $0.1045 per share. This is an increase from Eldridge AAA CLO ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date was Tuesday, February 3rd.

Institutional Trading of Eldridge AAA CLO ETF

Several hedge funds have recently bought and sold shares of CLOX. Janney Montgomery Scott LLC bought a new position in Eldridge AAA CLO ETF in the 4th quarter worth about $1,263,000. Copia Wealth Management raised its holdings in shares of Eldridge AAA CLO ETF by 49.4% during the fourth quarter. Copia Wealth Management now owns 183,609 shares of the company’s stock valued at $4,684,000 after buying an additional 60,696 shares during the last quarter. Private Trust Co. NA acquired a new position in shares of Eldridge AAA CLO ETF during the fourth quarter worth approximately $377,000. Silverleafe Capital Partners LLC grew its holdings in Eldridge AAA CLO ETF by 76.1% in the 4th quarter. Silverleafe Capital Partners LLC now owns 22,915 shares of the company’s stock worth $585,000 after buying an additional 9,904 shares in the last quarter. Finally, L.M. Kohn & Company increased its position in Eldridge AAA CLO ETF by 46.8% in the 2nd quarter. L.M. Kohn & Company now owns 68,889 shares of the company’s stock valued at $1,764,000 after acquiring an additional 21,950 shares during the period.

About Eldridge AAA CLO ETF

The Panagram AAA CLO ETF (CLOX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated collateralized loan obligations rated AAA and of any maturity. CLOX was launched on Jul 19, 2023 and is issued by Panagram.