Short Interest in Eldridge AAA CLO ETF (NYSEARCA:CLOX) Grows By 618.4%

Eldridge AAA CLO ETF (NYSEARCA:CLOX) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 170,100 shares, an increase of 618.4% from the May 31st total of 23,679 shares. Based on an average trading volume of 230,583 shares, the short-interest ratio is currently 0.7 days. Approximately 1.5% of the company’s stock are sold short.

Eldridge AAA CLO ETF Price Performance

Eldridge AAA CLO ETF stock opened at $25.60 on Friday. The stock has a fifty day simple moving average of $25.56 and a two-hundred day simple moving average of $25.54. Eldridge AAA CLO ETF has a 12 month low of $25.35 and a 12 month high of $25.71.

Institutional Investors Weigh In On Eldridge AAA CLO ETF

Institutional investors have recently modified their holdings of the business. Janney Montgomery Scott LLC increased its holdings in Eldridge AAA CLO ETF by 13.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 56,177 shares of the company’s stock worth $1,436,000 after buying an additional 6,662 shares in the last quarter. Silverleafe Capital Partners LLC lifted its stake in 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 acquiring an additional 9,904 shares during the period. Private Trust Co. NA bought a new position in Eldridge AAA CLO ETF during the 4th quarter valued at about $377,000. Finally, Copia Wealth Management boosted its holdings in shares of Eldridge AAA CLO ETF by 49.4% during the 4th quarter. Copia Wealth Management now owns 183,609 shares of the company’s stock valued at $4,684,000 after acquiring an additional 60,696 shares during the last quarter.

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.