Eldridge AAA CLO ETF (NYSEARCA:CLOX) Short Interest Down 12.6% in January

Eldridge AAA CLO ETF (NYSEARCA:CLOX) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 52,143 shares, a drop of 12.6% from the December 31st total of 59,642 shares. Based on an average trading volume of 177,344 shares, the short-interest ratio is currently 0.3 days. Approximately 0.5% of the company’s shares are sold short. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 177,344 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Eldridge AAA CLO ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Private Trust Co. NA purchased a new position in shares of Eldridge AAA CLO ETF in the 4th quarter worth about $377,000. Silverleafe Capital Partners LLC raised its holdings in Eldridge AAA CLO ETF by 76.1% in the fourth quarter. Silverleafe Capital Partners LLC now owns 22,915 shares of the company’s stock valued at $585,000 after buying an additional 9,904 shares during the period. L.M. Kohn & Company lifted its position in Eldridge AAA CLO ETF by 46.8% during the second quarter. L.M. Kohn & Company now owns 68,889 shares of the company’s stock valued at $1,764,000 after buying an additional 21,950 shares in the last quarter. Finally, Copia Wealth Management grew its stake in Eldridge AAA CLO ETF by 171.7% during the second quarter. Copia Wealth Management now owns 70,479 shares of the company’s stock worth $1,804,000 after buying an additional 44,537 shares during the period.

Eldridge AAA CLO ETF Stock Down 0.4%

NYSEARCA:CLOX opened at $25.54 on Wednesday. The firm’s 50 day moving average is $25.56 and its two-hundred day moving average is $25.55. Eldridge AAA CLO ETF has a fifty-two week low of $24.10 and a fifty-two week high of $25.74.

Eldridge AAA CLO ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, February 9th. Investors of record on Tuesday, February 3rd will be issued a $0.1045 dividend. The ex-dividend date is Tuesday, February 3rd. This is an increase from Eldridge AAA CLO ETF’s previous monthly dividend of $0.10. This represents a c) dividend on an annualized basis and a yield of 4.9%.

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.