Eldridge AAA CLO ETF (NYSEARCA:CLOX) Shares Shorted: Short Interest Down 58.6% in September
by Tristan Rich · The Markets DailyEldridge AAA CLO ETF (NYSEARCA:CLOX – Get Free Report) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 71,369 shares, a decline of 58.6% from the August 31st total of 172,591 shares. Based on an average trading volume of 139,018 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the shares of the company are sold short.
Eldridge AAA CLO ETF Trading Up 0.1%
Shares of Eldridge AAA CLO ETF stock traded up $0.03 during trading hours on Monday, reaching $25.61. 143,322 shares of the stock traded hands, compared to its average volume of 178,448. The company has a 50 day moving average price of $25.55 and a 200 day moving average price of $25.54. Eldridge AAA CLO ETF has a one year low of $25.35 and a one year high of $25.66.
Institutional Investors Weigh In On Eldridge AAA CLO ETF
A hedge fund recently bought a new stake in Eldridge AAA CLO ETF stock. Worth Asset Management LLC acquired a new position in Eldridge AAA CLO ETF (NYSEARCA:CLOX – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 20,925 shares of the company’s stock, valued at approximately $536,000. Worth Asset Management LLC owned approximately 0.17% of Eldridge AAA CLO ETF at the end of the most recent reporting 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.
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