Eldridge AAA CLO ETF (NYSEARCA:CLOX) Short Interest Down 45.4% in July

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

Institutional Trading of Eldridge AAA CLO ETF

A number of large investors have recently made changes to their positions in the company. Private Trust Co. NA purchased a new position in Eldridge AAA CLO ETF during the 4th quarter worth approximately $377,000. Copia Wealth Management boosted its holdings 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 valued at $4,684,000 after acquiring an additional 60,696 shares during the period. Janney Montgomery Scott LLC purchased a new position in shares of Eldridge AAA CLO ETF during the fourth quarter worth approximately $1,263,000. Finally, Worth Asset Management LLC purchased a new position in shares of Eldridge AAA CLO ETF during the second quarter worth approximately $536,000.

Eldridge AAA CLO ETF Stock Performance

NYSEARCA CLOX traded down $0.01 during trading hours on Tuesday, hitting $25.55. The company had a trading volume of 143,100 shares, compared to its average volume of 183,517. The business has a 50 day moving average of $25.56 and a 200-day moving average of $25.54. Eldridge AAA CLO ETF has a 1-year low of $25.35 and a 1-year high of $25.66.

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.