AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Stock Short Interest Report for October

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 22,159 shares, a drop of 39.9% from the September 30th total of 36,853 shares. Based on an average daily trading volume, of 18,583 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.5% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in LODI. Grantvest Financial Group LLC increased its holdings in shares of AAM SLC Low Duration Income ETF by 2.7% in the third quarter. Grantvest Financial Group LLC now owns 47,905 shares of the company’s stock valued at $1,192,000 after purchasing an additional 1,278 shares in the last quarter. Waverly Advisors LLC acquired a new position in AAM SLC Low Duration Income ETF during the 2nd quarter worth $1,030,000. Spartan Wealth Advisory Services LLC acquired a new position in AAM SLC Low Duration Income ETF during the 1st quarter worth $5,839,000. Independent Financial Group LLC bought a new position in AAM SLC Low Duration Income ETF in the 1st quarter valued at $329,000. Finally, Private Advisor Group LLC bought a new position in AAM SLC Low Duration Income ETF in the 1st quarter valued at $335,000.

AAM SLC Low Duration Income ETF Stock Down 0.4%

LODI opened at $24.92 on Friday. The stock’s 50 day moving average price is $25.02 and its two-hundred day moving average price is $25.20. AAM SLC Low Duration Income ETF has a 12-month low of $24.82 and a 12-month high of $26.57.

About AAM SLC Low Duration Income ETF

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.