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

Eldridge AAA CLO ETF (NYSEARCA:CLOX) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 172,591 shares, an increase of 458.0% from the August 15th total of 30,930 shares. Based on an average trading volume of 181,180 shares, the short-interest ratio is presently 1.0 days. Approximately 1.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Copia Wealth Management increased its stake in shares of Eldridge AAA CLO ETF by 49.4% in the fourth quarter. Copia Wealth Management now owns 183,609 shares of the company’s stock valued at $4,684,000 after buying an additional 60,696 shares in the last quarter. Worth Asset Management LLC acquired a new stake in Eldridge AAA CLO ETF in the second quarter valued at $536,000. Finally, Janney Montgomery Scott LLC grew its stake in Eldridge AAA CLO ETF by 13.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 56,177 shares of the company’s stock valued at $1,436,000 after buying an additional 6,662 shares during the last quarter.

Eldridge AAA CLO ETF Trading Up 0.2%

Shares of Eldridge AAA CLO ETF stock traded up $0.04 during trading hours 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. The company’s 50 day simple moving average is $25.55 and its 200 day simple moving average is $25.54. Eldridge AAA CLO ETF has a one year low of $25.35 and a one year high of $25.66.

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.