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

Eldridge AAA CLO ETF (NYSEARCA:CLOX) was the target of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 14,669 shares, a decrease of 90.7% from the February 26th total of 158,383 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 359,349 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 359,349 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Eldridge AAA CLO ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC acquired a new position in Eldridge AAA CLO ETF during the fourth quarter worth $1,263,000. Copia Wealth Management lifted its holdings in Eldridge AAA CLO ETF by 49.4% during 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. Private Trust Co. NA acquired a new stake in Eldridge AAA CLO ETF during the 4th quarter worth $377,000. Finally, Silverleafe Capital Partners LLC lifted its position in Eldridge AAA CLO ETF by 76.1% in 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 Stock Performance

CLOX traded up $0.07 on Tuesday, reaching $25.53. 291,931 shares of the company’s stock were exchanged, compared to its average volume of 221,515. Eldridge AAA CLO ETF has a twelve month low of $24.10 and a twelve month high of $25.71. The stock’s fifty day moving average price is $25.53 and its 200-day moving average price is $25.54.

Eldridge AAA CLO ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Tuesday, February 3rd were given a $0.1045 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. This is a boost from Eldridge AAA CLO ETF’s previous monthly dividend of $0.10. The ex-dividend date was Tuesday, February 3rd.

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.