Eldridge AAA CLO ETF (NYSEARCA:CLOX – Get Free Report) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 51,032 shares, a drop of 47.3% from the April 30th total of 96,827 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 173,076 shares, the days-to-cover ratio is currently 0.3 days.
Hedge Funds Weigh In On Eldridge AAA CLO ETF
Hedge funds and other institutional investors have recently modified their holdings of the stock. Private Trust Co. NA purchased a new position in shares of Eldridge AAA CLO ETF in the 4th quarter valued at approximately $377,000. Silverleafe Capital Partners LLC raised its position in shares of Eldridge AAA CLO ETF by 76.1% in the 4th quarter. Silverleafe Capital Partners LLC now owns 22,915 shares of the company’s stock valued at $585,000 after purchasing an additional 9,904 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of Eldridge AAA CLO ETF in the 4th quarter valued at approximately $1,263,000. Finally, Copia Wealth Management raised its position 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 purchasing an additional 60,696 shares during the last quarter.
Eldridge AAA CLO ETF Stock Performance
Shares of Eldridge AAA CLO ETF stock traded up $0.01 during midday trading on Monday, hitting $25.59. The company had a trading volume of 34,629 shares, compared to its average volume of 183,345. The company has a fifty day simple moving average of $25.54 and a 200 day simple moving average of $25.54. Eldridge AAA CLO ETF has a 12-month low of $25.35 and a 12-month high of $25.71.
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.
Further Reading
- Five stocks we like better than Eldridge AAA CLO ETF
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
- Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance
- Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
Receive News & Ratings for Eldridge AAA CLO ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eldridge AAA CLO ETF and related companies with MarketBeat.com's FREE daily email newsletter.
