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

Eldridge AAA CLO ETF (NYSEARCA:CLOX) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 122,808 shares, a decline of 27.0% from the March 31st total of 168,340 shares. Based on an average trading volume of 138,837 shares, the short-interest ratio is currently 0.9 days. Approximately 1.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CLOX. Copia Wealth Management increased 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 valued at $4,684,000 after purchasing an additional 60,696 shares during the period. Janney Montgomery Scott LLC purchased a new position in Eldridge AAA CLO ETF during the 4th quarter valued at about $1,263,000. Private Trust Co. NA purchased a new position in Eldridge AAA CLO ETF during the 4th quarter valued at about $377,000. Finally, Silverleafe Capital Partners LLC increased its holdings in Eldridge AAA CLO ETF by 76.1% during the 4th quarter. Silverleafe Capital Partners LLC now owns 22,915 shares of the company’s stock valued at $585,000 after purchasing an additional 9,904 shares during the period.

Eldridge AAA CLO ETF Trading Down 0.2%

Shares of NYSEARCA CLOX traded down $0.04 during midday trading on Friday, reaching $25.60. The company had a trading volume of 344,258 shares, compared to its average volume of 196,467. Eldridge AAA CLO ETF has a one year low of $25.30 and a one year high of $25.71. The firm’s fifty day moving average price is $25.51 and its 200-day moving average price is $25.54.

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.