Eldridge AAA CLO ETF (NYSEARCA:CLOX) Short Interest Down 65.0% in July

Eldridge AAA CLO ETF (NYSEARCA:CLOX) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 73,117 shares, a decrease of 65.0% from the June 30th total of 209,104 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 128,198 shares, the days-to-cover ratio is presently 0.6 days.

Eldridge AAA CLO ETF Price Performance

Eldridge AAA CLO ETF stock traded down $0.01 during midday trading on Tuesday, reaching $25.59. The company’s stock had a trading volume of 145,043 shares, compared to its average volume of 182,254. Eldridge AAA CLO ETF has a fifty-two week low of $25.35 and a fifty-two week high of $25.66. The stock’s 50 day simple moving average is $25.57 and its 200 day simple moving average is $25.55.

Hedge Funds Weigh In On Eldridge AAA CLO ETF

A number of large investors have recently made changes to their positions in CLOX. Janney Montgomery Scott LLC boosted its holdings in 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 buying an additional 6,662 shares in the last quarter. Private Trust Co. NA purchased a new position in Eldridge AAA CLO ETF in the fourth quarter valued at about $377,000. Worth Asset Management LLC purchased a new position in Eldridge AAA CLO ETF in the second quarter valued at about $536,000. Finally, Copia Wealth Management lifted its position in shares of 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 acquiring an additional 60,696 shares during the period.

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.