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

Eldridge AAA CLO ETF (NYSEARCA:CLOX) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 23,679 shares, a decrease of 53.6% from the May 14th total of 51,032 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 109,632 shares, the short-interest ratio is presently 0.2 days.

Eldridge AAA CLO ETF Stock Performance

Eldridge AAA CLO ETF stock traded up $0.02 during mid-day trading on Friday, hitting $25.59. 271,502 shares of the company were exchanged, compared to its average volume of 189,138. The business’s 50 day simple moving average is $25.55 and its two-hundred day simple moving average is $25.54. Eldridge AAA CLO ETF has a 12-month low of $25.35 and a 12-month high of $25.71.

Institutional Trading of Eldridge AAA CLO ETF

A number of large investors have recently made changes to their positions in CLOX. Copia Wealth Management boosted its stake in shares of 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 last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of Eldridge AAA CLO ETF during the fourth quarter valued at $1,263,000. Private Trust Co. NA acquired a new stake in shares of Eldridge AAA CLO ETF during the fourth quarter valued at $377,000. Finally, Silverleafe Capital Partners LLC boosted its stake in shares of Eldridge AAA CLO ETF by 76.1% during the fourth 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 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.