AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Short Interest Up 101.1% in June

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 25,563 shares, a growth of 101.1% from the May 31st total of 12,714 shares. Based on an average daily trading volume, of 20,933 shares, the short-interest ratio is presently 1.2 days. Approximately 0.8% of the company’s shares are short sold.

AAM SLC Low Duration Income ETF Price Performance

LODI traded down $0.12 during trading on Tuesday, hitting $25.18. 10,285 shares of the company’s stock were exchanged, compared to its average volume of 11,304. AAM SLC Low Duration Income ETF has a 1 year low of $25.07 and a 1 year high of $26.57. The stock has a 50 day moving average price of $25.24 and a 200 day moving average price of $25.29.

Institutional Trading of AAM SLC Low Duration Income ETF

A number of institutional investors have recently added to or reduced their stakes in LODI. LPL Financial LLC raised its position in AAM SLC Low Duration Income ETF by 5.7% in the fourth quarter. LPL Financial LLC now owns 297,253 shares of the company’s stock valued at $7,506,000 after purchasing an additional 15,923 shares during the period. Spartan Wealth Advisory Services LLC purchased a new stake in shares of AAM SLC Low Duration Income ETF in the first quarter worth about $5,839,000. Grantvest Financial Group LLC boosted its position in shares of AAM SLC Low Duration Income ETF by 52.2% in the fourth quarter. Grantvest Financial Group LLC now owns 40,825 shares of the company’s stock worth $1,031,000 after buying an additional 14,000 shares during the period. Osaic Holdings Inc. grew its stake in shares of AAM SLC Low Duration Income ETF by 220.1% in the second quarter. Osaic Holdings Inc. now owns 20,519 shares of the company’s stock valued at $517,000 after buying an additional 14,109 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of AAM SLC Low Duration Income ETF in the first quarter valued at about $394,000.

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.