Short Interest in AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Decreases By 23.0%

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) saw a large decline in short interest in February. As of February 13th, there was short interest totaling 8,076 shares, a decline of 23.0% from the January 29th total of 10,489 shares. Based on an average daily volume of 5,900 shares, the short-interest ratio is presently 1.4 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 5,900 shares, the short-interest ratio is presently 1.4 days.

Institutional Investors Weigh In On AAM SLC Low Duration Income ETF

A number of hedge funds have recently bought and sold shares of the business. Kestra Advisory Services LLC purchased a new position in shares of AAM SLC Low Duration Income ETF in the 4th quarter worth $122,000. Baker Avenue Asset Management LP purchased a new position in AAM SLC Low Duration Income ETF in the second quarter worth about $202,000. World Investment Advisors purchased a new position in AAM SLC Low Duration Income ETF in the fourth quarter worth about $327,000. Jane Street Group LLC bought a new stake in AAM SLC Low Duration Income ETF during the first quarter worth approximately $394,000. Finally, Osaic Holdings Inc. raised its position 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 period.

AAM SLC Low Duration Income ETF Stock Performance

LODI traded down $0.03 during trading on Wednesday, hitting $25.28. 8,657 shares of the company traded hands, compared to its average volume of 7,594. AAM SLC Low Duration Income ETF has a 1 year low of $24.73 and a 1 year high of $26.57. The stock’s 50-day simple moving average is $25.36 and its two-hundred day simple moving average is $25.32.

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.