Eldridge AAA CLO ETF (NYSEARCA:CLOX) Short Interest Up 618.4% in June

Eldridge AAA CLO ETF (NYSEARCA:CLOX) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 170,100 shares, an increase of 618.4% from the May 31st total of 23,679 shares. Based on an average daily volume of 230,583 shares, the days-to-cover ratio is presently 0.7 days. Approximately 1.5% of the shares of the company are short sold.

Eldridge AAA CLO ETF Stock Up 0.0%

CLOX stock opened at $25.61 on Friday. The stock has a 50-day simple moving average of $25.56 and a two-hundred day simple moving average of $25.54. Eldridge AAA CLO ETF has a twelve month low of $25.35 and a twelve month high of $25.66.

Institutional Investors Weigh In On Eldridge AAA CLO ETF

Several large investors have recently added to or reduced their stakes in CLOX. Janney Montgomery Scott LLC grew its position 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. Copia Wealth Management raised its holdings in shares of Eldridge AAA CLO ETF by 49.4% in 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 in the last quarter. Private Trust Co. NA bought a new stake in shares of Eldridge AAA CLO ETF during the 4th quarter valued at about $377,000. Finally, Silverleafe Capital Partners LLC boosted its position in shares of Eldridge AAA CLO ETF by 76.1% during the 4th quarter. Silverleafe Capital Partners LLC now owns 22,915 shares of the company’s stock valued at $585,000 after acquiring an additional 9,904 shares during the last quarter.

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.