AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Sees Large Growth in Short Interest

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 34,669 shares, a growth of 69.6% from the August 15th total of 20,446 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 25,700 shares, the days-to-cover ratio is currently 1.3 days.

Hedge Funds Weigh In On AAM SLC Low Duration Income ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Kestra Private Wealth Services LLC acquired a new position in shares of AAM SLC Low Duration Income ETF during the first quarter worth approximately $232,000. World Investment Advisors bought a new position in AAM SLC Low Duration Income ETF in the 4th quarter valued at about $327,000. Independent Financial Group LLC acquired a new position in AAM SLC Low Duration Income ETF during the 1st quarter valued at about $329,000. Private Advisor Group LLC acquired a new position in AAM SLC Low Duration Income ETF during the 1st quarter valued at about $335,000. Finally, Waverly Advisors LLC bought a new stake in shares of AAM SLC Low Duration Income ETF during the 2nd quarter worth about $1,030,000.

AAM SLC Low Duration Income ETF Trading Down 0.1%

NYSEARCA:LODI traded down $0.02 during midday trading on Wednesday, reaching $25.03. 42,943 shares of the company traded hands, compared to its average volume of 14,238. AAM SLC Low Duration Income ETF has a twelve month low of $25.01 and a twelve month high of $26.57. The company has a fifty day moving average price of $25.17 and a 200 day moving average price of $25.22.

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.