Short Interest in AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Increases By 171.7%

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) was the recipient of a large 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. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,436 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 5,436 shares, the short-interest ratio is presently 0.8 days. Currently, 0.2% of the shares of the stock are short sold.

AAM SLC Low Duration Income ETF Stock Down 0.1%

NYSEARCA:LODI traded down $0.02 during midday trading on Thursday, hitting $25.48. The company had a trading volume of 20,701 shares, compared to its average volume of 6,530. AAM SLC Low Duration Income ETF has a 52-week low of $24.73 and a 52-week high of $26.57. The stock’s fifty day moving average price is $25.31 and its 200-day moving average price is $25.29.

Hedge Funds Weigh In On AAM SLC Low Duration Income ETF

A number of large investors have recently modified their holdings of LODI. Jane Street Group LLC purchased a new stake in AAM SLC Low Duration Income ETF in the first quarter worth approximately $394,000. Baker Avenue Asset Management LP purchased a new stake in shares of AAM SLC Low Duration Income ETF in the 2nd quarter valued at $202,000. Osaic Holdings Inc. grew its holdings in shares of AAM SLC Low Duration Income ETF by 220.1% during the 2nd quarter. Osaic Holdings Inc. now owns 20,519 shares of the company’s stock valued at $517,000 after purchasing an additional 14,109 shares during the last quarter. Finally, Grantvest Financial Group LLC lifted its stake in AAM SLC Low Duration Income ETF by 13.1% in the third 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.

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.