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

Eldridge AAA CLO ETF (NYSEARCA:CLOX) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totaling 122,808 shares, a decline of 27.0% from the March 31st total of 168,340 shares. Based on an average daily volume of 138,837 shares, the short-interest ratio is presently 0.9 days. Approximately 1.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CLOX. Private Trust Co. NA bought a new position in shares of Eldridge AAA CLO ETF in the 4th quarter worth approximately $377,000. Silverleafe Capital Partners LLC raised its position in shares of 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 acquiring an additional 9,904 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of Eldridge AAA CLO ETF during the 4th quarter valued at $1,263,000. Finally, Copia Wealth Management grew its position in shares of Eldridge AAA CLO ETF by 74.4% in the 3rd quarter. Copia Wealth Management now owns 122,913 shares of the company’s stock worth $3,143,000 after buying an additional 52,434 shares during the period.

Eldridge AAA CLO ETF Stock Down 0.2%

NYSEARCA:CLOX traded down $0.04 during mid-day trading on Friday, reaching $25.60. 344,258 shares of the company’s stock traded hands, compared to its average volume of 196,467. Eldridge AAA CLO ETF has a 12-month low of $25.30 and a 12-month high of $25.71. The company has a 50 day moving average price of $25.51 and a 200-day moving average price of $25.54.

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.