Short Interest in Eldridge AAA CLO ETF (NYSEARCA:CLOX) Drops By 45.4%

Eldridge AAA CLO ETF (NYSEARCA:CLOX) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 39,942 shares, a drop of 45.4% from the July 15th total of 73,117 shares. Based on an average daily trading volume, of 158,750 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Trading of Eldridge AAA CLO ETF

Large investors have recently modified their holdings of the business. Copia Wealth Management increased its holdings in shares of Eldridge AAA CLO ETF by 49.4% in the 4th quarter. Copia Wealth Management now owns 183,609 shares of the company’s stock worth $4,684,000 after buying an additional 60,696 shares during the last quarter. Worth Asset Management LLC bought a new stake in shares of Eldridge AAA CLO ETF during the 2nd quarter worth $536,000. Janney Montgomery Scott LLC lifted its holdings in shares of Eldridge AAA CLO ETF by 13.5% during the 1st 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. Finally, Private Trust Co. NA purchased a new position in Eldridge AAA CLO ETF in the fourth quarter worth $377,000.

Eldridge AAA CLO ETF Price Performance

NYSEARCA:CLOX traded up $0.02 during trading hours on Monday, hitting $25.56. 80,648 shares of the company’s stock traded hands, compared to its average volume of 183,779. Eldridge AAA CLO ETF has a 52 week low of $25.35 and a 52 week high of $25.66. The business’s fifty day simple moving average is $25.56 and its two-hundred day simple moving average is $25.55.

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.