AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Stock Short Interest Declines 39.9%

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 22,159 shares, a drop of 39.9% from the September 30th total of 36,853 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 18,583 shares, the days-to-cover ratio is currently 1.2 days.

AAM SLC Low Duration Income ETF Stock Up 0.1%

AAM SLC Low Duration Income ETF stock traded up $0.02 on Monday, reaching $24.94. 29,527 shares of the stock were exchanged, compared to its average volume of 14,335. AAM SLC Low Duration Income ETF has a twelve month low of $24.82 and a twelve month high of $26.57. The firm has a fifty day moving average price of $25.02 and a two-hundred day moving average price of $25.20.

Hedge Funds Weigh In On AAM SLC Low Duration Income ETF

A number of institutional investors have recently made changes to their positions in LODI. Waverly Advisors LLC bought a new stake in AAM SLC Low Duration Income ETF during the 2nd quarter valued at approximately $1,030,000. Spartan Wealth Advisory Services LLC acquired a new stake in AAM SLC Low Duration Income ETF in the 1st quarter valued at approximately $5,839,000. Grantvest Financial Group LLC grew its holdings in AAM SLC Low Duration Income ETF by 2.7% in the 3rd quarter. Grantvest Financial Group LLC now owns 47,905 shares of the company’s stock valued at $1,192,000 after buying an additional 1,278 shares during the last quarter. Independent Financial Group LLC bought a new position in AAM SLC Low Duration Income ETF in the 1st quarter worth approximately $329,000. Finally, Private Advisor Group LLC bought a new position in AAM SLC Low Duration Income ETF in the 1st quarter worth approximately $335,000.

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.