AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Short Interest Update

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 4,424 shares, a growth of 171.7% from the December 31st total of 1,628 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 5,436 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 5,436 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.2% of the company’s shares are short sold.

Hedge Funds Weigh In On AAM SLC Low Duration Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in LODI. Osaic Holdings Inc. lifted its holdings in shares of AAM SLC Low Duration Income ETF by 220.1% during the second quarter. Osaic Holdings Inc. now owns 20,519 shares of the company’s stock worth $517,000 after purchasing an additional 14,109 shares during the period. Jane Street Group LLC bought a new position in AAM SLC Low Duration Income ETF during the 1st quarter worth $394,000. Grantvest Financial Group LLC raised its position in AAM SLC Low Duration Income ETF by 13.1% during the 3rd quarter. Grantvest Financial Group LLC now owns 26,825 shares of the company’s stock worth $677,000 after purchasing an additional 3,107 shares during the last quarter. Finally, Baker Avenue Asset Management LP acquired a new position in AAM SLC Low Duration Income ETF during the 2nd quarter worth about $202,000.

AAM SLC Low Duration Income ETF Stock Performance

NYSEARCA:LODI opened at $25.39 on Friday. The stock’s 50-day moving average is $25.31 and its 200-day moving average is $25.29. AAM SLC Low Duration Income ETF has a 1-year low of $24.73 and a 1-year high of $26.57.

AAM SLC Low Duration Income ETF Company Profile

The AAM SLC Low Duration Income ETF (LODI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of income producing, USD-denominated fixed income securities. The fund may hold debt of any maturity but estimates to have an average portfolio duration of three years or less. LODI was launched on Dec 3, 2024 and is issued by Advisors Asset Management.