Short Interest in AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Rises By 137.1%

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 10,489 shares, an increase of 137.1% from the January 15th total of 4,424 shares. Based on an average daily volume of 8,776 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.4% of the company’s stock are short sold. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 8,776 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Trading of AAM SLC Low Duration Income ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Grantvest Financial Group LLC raised its stake in shares of 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 valued at $677,000 after buying an additional 3,107 shares during the period. Baker Avenue Asset Management LP purchased a new stake in AAM SLC Low Duration Income ETF in the 2nd quarter worth about $202,000. World Investment Advisors bought a new stake in AAM SLC Low Duration Income ETF in the 4th quarter valued at about $327,000. Osaic Holdings Inc. lifted its holdings in 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 valued at $517,000 after purchasing an additional 14,109 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in AAM SLC Low Duration Income ETF during the first quarter worth about $394,000.

AAM SLC Low Duration Income ETF Trading Up 0.0%

LODI stock traded up $0.01 during trading on Thursday, reaching $25.37. The stock had a trading volume of 1,746 shares, compared to its average volume of 6,840. AAM SLC Low Duration Income ETF has a one year low of $24.73 and a one year high of $26.57. The company’s 50 day moving average is $25.33 and its two-hundred day moving average is $25.31.

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.