Eldridge AAA CLO ETF (NYSEARCA:CLOX) Sees Large Decrease in Short Interest

Eldridge AAA CLO ETF (NYSEARCA:CLOX) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 73,117 shares, a decrease of 65.0% from the June 30th total of 209,104 shares. Based on an average daily volume of 128,198 shares, the short-interest ratio is presently 0.6 days. Approximately 0.6% of the company’s shares are short sold.

Eldridge AAA CLO ETF Stock Down 0.0%

NYSEARCA:CLOX opened at $25.59 on Wednesday. Eldridge AAA CLO ETF has a fifty-two week low of $25.35 and a fifty-two week high of $25.66. The firm’s 50 day moving average is $25.57 and its two-hundred day moving average is $25.55.

Institutional Trading of Eldridge AAA CLO ETF

A number of institutional investors and hedge funds have recently made changes to their positions in CLOX. Private Trust Co. NA purchased a new position in shares of Eldridge AAA CLO ETF in the 4th quarter worth $377,000. Worth Asset Management LLC acquired a new position in Eldridge AAA CLO ETF in the second quarter valued at $536,000. Janney Montgomery Scott LLC purchased a new stake in Eldridge AAA CLO ETF during the fourth quarter valued at about $1,263,000. Finally, Copia Wealth Management grew its position in 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 acquiring an additional 60,696 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.