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

Eldridge AAA CLO ETF (NYSEARCA:CLOX) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 23,679 shares, a decline of 53.6% from the May 14th total of 51,032 shares. Based on an average trading volume of 109,632 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On Eldridge AAA CLO ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its position in shares of Eldridge AAA CLO ETF by 13.5% during the first quarter. Janney Montgomery Scott LLC now owns 56,177 shares of the company’s stock worth $1,436,000 after purchasing an additional 6,662 shares in the last quarter. Copia Wealth Management boosted its position in shares of Eldridge AAA CLO ETF by 49.4% during the fourth quarter. Copia Wealth Management now owns 183,609 shares of the company’s stock worth $4,684,000 after purchasing an additional 60,696 shares in the last quarter. Private Trust Co. NA bought a new position in shares of Eldridge AAA CLO ETF during the fourth quarter worth $377,000. Finally, Silverleafe Capital Partners LLC boosted its position in shares of Eldridge AAA CLO ETF by 76.1% during the fourth quarter. Silverleafe Capital Partners LLC now owns 22,915 shares of the company’s stock worth $585,000 after purchasing an additional 9,904 shares in the last quarter.

Eldridge AAA CLO ETF Price Performance

CLOX traded down $0.02 during trading on Monday, reaching $25.57. 203,936 shares of the company’s stock were exchanged, compared to its average volume of 189,272. The company’s fifty day moving average price is $25.55 and its 200-day moving average price is $25.54. Eldridge AAA CLO ETF has a fifty-two week low of $25.35 and a fifty-two week high of $25.71.

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.