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

Eldridge AAA CLO ETF (NYSEARCA:CLOX) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 172,591 shares, a growth of 458.0% from the August 15th total of 30,930 shares. Currently, 1.4% of the shares of the company are short sold. Based on an average daily volume of 181,180 shares, the short-interest ratio is presently 1.0 days.

Eldridge AAA CLO ETF Stock Performance

Shares of NYSEARCA CLOX traded up $0.01 during trading on Friday, reaching $25.54. 46,485 shares of the company traded hands, compared to its average volume of 181,620. The firm’s fifty day simple moving average is $25.55 and its 200 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 $25.66.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC grew its position in Eldridge AAA CLO ETF by 13.5% during the first quarter. Janney Montgomery Scott LLC now owns 56,177 shares of the company’s stock valued at $1,436,000 after buying an additional 6,662 shares during the period. Worth Asset Management LLC purchased a new position in Eldridge AAA CLO ETF in the second quarter valued at $536,000. Finally, Copia Wealth Management raised its position in shares of Eldridge AAA CLO ETF by 49.4% in the fourth quarter. Copia Wealth Management now owns 183,609 shares of the company’s stock worth $4,684,000 after acquiring an additional 60,696 shares during the period.

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.