Short Interest in AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Declines By 76.8%

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 1,628 shares, a decline of 76.8% from the December 15th total of 7,004 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 4,406 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 4,406 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On AAM SLC Low Duration Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of LODI. Jane Street Group LLC purchased a new position in AAM SLC Low Duration Income ETF during the 1st quarter worth $394,000. Baker Avenue Asset Management LP purchased a new stake in shares of AAM SLC Low Duration Income ETF in the second quarter valued at about $202,000. Osaic Holdings Inc. boosted its holdings 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 acquiring an additional 14,109 shares in the last quarter. Finally, Grantvest Financial Group LLC increased its stake in shares of AAM SLC Low Duration Income ETF by 13.1% during the third quarter. Grantvest Financial Group LLC now owns 26,825 shares of the company’s stock worth $677,000 after acquiring an additional 3,107 shares during the period.

AAM SLC Low Duration Income ETF Stock Up 0.2%

AAM SLC Low Duration Income ETF stock traded up $0.05 during mid-day trading on Tuesday, reaching $25.32. 7,062 shares of the company were exchanged, compared to its average volume of 4,956. The firm’s 50-day simple moving average is $25.29 and its two-hundred day simple moving average is $25.28. AAM SLC Low Duration Income ETF has a twelve month low of $24.73 and a twelve month high of $26.57.

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.