Eldridge BBB-B CLO ETF (NYSEARCA:CLOZ) Shares Shorted: Short Interest Up 80.1% in September

Eldridge BBB-B CLO ETF (NYSEARCA:CLOZ) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 424,223 shares, a growth of 80.1% from the September 15th total of 235,567 shares. Currently, 1.4% of the shares of the stock are short sold. Based on an average trading volume of 545,259 shares, the short-interest ratio is currently 0.8 days.

Eldridge BBB-B CLO ETF Trading Up 0.0%

CLOZ traded up $0.01 on Friday, hitting $26.20. The company had a trading volume of 336,311 shares, compared to its average volume of 447,482. Eldridge BBB-B CLO ETF has a 12-month low of $25.23 and a 12-month high of $26.81. The business’s fifty day simple moving average is $26.24 and its 200 day simple moving average is $26.25.

Institutional Trading of Eldridge BBB-B CLO ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Sound Income Strategies LLC raised its holdings in Eldridge BBB-B CLO ETF by 24.1% in the first quarter. Sound Income Strategies LLC now owns 269,832 shares of the company’s stock worth $6,956,000 after purchasing an additional 52,383 shares in the last quarter. Ethos Financial Group LLC increased its position in Eldridge BBB-B CLO ETF by 55.4% during the 1st quarter. Ethos Financial Group LLC now owns 120,704 shares of the company’s stock valued at $3,096,000 after buying an additional 43,048 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in Eldridge BBB-B CLO ETF by 5.7% in the third quarter. Farther Finance Advisors LLC now owns 108,873 shares of the company’s stock worth $2,863,000 after acquiring an additional 5,915 shares in the last quarter. Basso Capital Management L.P. increased its position in shares of Eldridge BBB-B CLO ETF by 28.4% in the 4th quarter. Basso Capital Management L.P. now owns 71,589 shares of the company’s stock valued at $1,896,000 after acquiring an additional 15,849 shares during the period. Finally, Claris Financial LLC purchased a new stake in Eldridge BBB-B CLO ETF in the fourth quarter valued at approximately $866,000.

Eldridge BBB-B CLO ETF Company Profile

The Panagram Bbb-B Clo ETF (CLOZ) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in USD-denominated collateralized loan obligations of any maturity that are rated between BBB+ and B-. CLOZ was launched on Jan 24, 2023 and is managed by Panagram.