Eldridge AAA CLO ETF (NYSEARCA:CLOX) Shares Shorted: Short Interest Down 58.6% in September

Eldridge AAA CLO ETF (NYSEARCA:CLOX) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 71,369 shares, a drop of 58.6% from the August 31st total of 172,591 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 139,018 shares, the short-interest ratio is presently 0.5 days.

Eldridge AAA CLO ETF Stock Performance

CLOX traded up $0.03 during trading on Monday, hitting $25.61. 143,322 shares of the company traded hands, compared to its average volume of 178,448. The stock’s 50-day simple moving average is $25.55 and its two-hundred day simple moving average is $25.54. Eldridge AAA CLO ETF has a 1 year low of $25.35 and a 1 year high of $25.66.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Eldridge AAA CLO ETF stock. Worth Asset Management LLC bought a new stake in shares of Eldridge AAA CLO ETF (NYSEARCA:CLOX) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 20,925 shares of the company’s stock, valued at approximately $536,000. Worth Asset Management LLC owned about 0.17% of Eldridge AAA CLO ETF as of its most recent filing with the Securities and Exchange Commission.

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.