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

Eldridge AAA CLO ETF (NYSEARCA:CLOX) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 39,772 shares, a decrease of 71.1% from the November 30th total of 137,429 shares. Based on an average daily volume of 99,146 shares, the short-interest ratio is presently 0.4 days. Currently, 0.4% of the company’s stock are sold short. Currently, 0.4% of the company’s stock are sold short. Based on an average daily volume of 99,146 shares, the short-interest ratio is presently 0.4 days.

Eldridge AAA CLO ETF Stock Performance

Shares of CLOX stock opened at $25.58 on Thursday. Eldridge AAA CLO ETF has a 1-year low of $24.10 and a 1-year high of $25.74. The stock’s fifty day moving average price is $25.55 and its 200 day moving average price is $25.54.

Institutional Investors Weigh In On Eldridge AAA CLO ETF

A number of large investors have recently modified their holdings of the business. Copia Wealth Management lifted its stake in Eldridge AAA CLO ETF by 74.4% during the 3rd quarter. Copia Wealth Management now owns 122,913 shares of the company’s stock valued at $3,143,000 after acquiring an additional 52,434 shares during the period. L.M. Kohn & Company increased its stake in shares of Eldridge AAA CLO ETF by 46.8% in the second quarter. L.M. Kohn & Company now owns 68,889 shares of the company’s stock worth $1,764,000 after acquiring an additional 21,950 shares during the period. Finally, Silverleafe Capital Partners LLC purchased a new position in shares of Eldridge AAA CLO ETF during the second quarter worth $504,000.

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.