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

Eldridge AAA CLO ETF (NYSEARCA:CLOX) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 73,117 shares, a decline of 65.0% from the June 30th total of 209,104 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average trading volume of 128,198 shares, the days-to-cover ratio is presently 0.6 days.

Eldridge AAA CLO ETF Stock Performance

CLOX traded up $0.02 during midday trading on Monday, hitting $25.60. 4,588 shares of the company traded hands, compared to its average volume of 181,792. Eldridge AAA CLO ETF has a 52-week low of $25.35 and a 52-week high of $25.66. The business has a 50 day simple moving average of $25.57 and a two-hundred day simple moving average of $25.55.

Hedge Funds Weigh In On Eldridge AAA CLO ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its stake in shares of Eldridge AAA CLO ETF by 13.5% in the first quarter. Janney Montgomery Scott LLC now owns 56,177 shares of the company’s stock worth $1,436,000 after acquiring an additional 6,662 shares during the last quarter. Private Trust Co. NA acquired a new position in Eldridge AAA CLO ETF in the 4th quarter valued at $377,000. Worth Asset Management LLC purchased a new position in Eldridge AAA CLO ETF in the 2nd quarter valued at $536,000. Finally, Copia Wealth Management boosted its stake in Eldridge AAA CLO ETF by 49.4% during the 4th quarter. Copia Wealth Management now owns 183,609 shares of the company’s stock worth $4,684,000 after purchasing an additional 60,696 shares during the last quarter.

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.