Eldridge AAA CLO ETF (NYSEARCA:CLOX) Short Interest Update

Eldridge AAA CLO ETF (NYSEARCA:CLOX) saw a large decline in short interest in March. As of March 13th, there was short interest totaling 14,669 shares, a decline of 90.7% from the February 26th total of 158,383 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 359,349 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 359,349 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Eldridge AAA CLO ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in CLOX. Copia Wealth Management grew its holdings in Eldridge AAA CLO ETF by 49.4% in the fourth quarter. Copia Wealth Management now owns 183,609 shares of the company’s stock valued at $4,684,000 after purchasing an additional 60,696 shares during the period. Janney Montgomery Scott LLC acquired a new stake in shares of Eldridge AAA CLO ETF in the fourth quarter worth $1,263,000. Private Trust Co. NA purchased a new position in shares of Eldridge AAA CLO ETF in the 4th quarter valued at $377,000. Finally, Silverleafe Capital Partners LLC raised its holdings in shares of Eldridge AAA CLO ETF by 76.1% during the 4th quarter. Silverleafe Capital Partners LLC now owns 22,915 shares of the company’s stock valued at $585,000 after buying an additional 9,904 shares during the period.

Eldridge AAA CLO ETF Stock Performance

Shares of CLOX traded up $0.07 on Tuesday, reaching $25.53. The stock had a trading volume of 291,931 shares, compared to its average volume of 221,515. Eldridge AAA CLO ETF has a twelve month low of $24.10 and a twelve month high of $25.71. The firm has a 50-day moving average of $25.53 and a 200 day moving average of $25.54.

Eldridge AAA CLO ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Tuesday, February 3rd were given a $0.1045 dividend. This is a boost 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.

Eldridge AAA CLO ETF Company Profile

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.