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

Eldridge AAA CLO ETF (NYSEARCA:CLOX) saw a significant growth in short interest during 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. Based on an average daily trading volume, of 181,180 shares, the short-interest ratio is presently 1.0 days. Approximately 1.4% 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 CLOX. Copia Wealth Management lifted its position in Eldridge AAA CLO ETF by 49.4% during the fourth 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. Worth Asset Management LLC bought a new stake in Eldridge AAA CLO ETF in the 2nd quarter worth approximately $536,000. Finally, Janney Montgomery Scott LLC purchased a new stake in Eldridge AAA CLO ETF during the 4th quarter valued at $1,263,000.

Eldridge AAA CLO ETF Price Performance

NYSEARCA:CLOX traded up $0.04 during mid-day trading on Friday, reaching $25.56. The company’s stock had a trading volume of 107,246 shares, compared to its average volume of 182,003. Eldridge AAA CLO ETF has a 12-month low of $25.35 and a 12-month high of $25.66. The firm’s fifty day moving average price is $25.55 and its two-hundred 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.