AAM SLC Low Duration Income ETF (NYSEARCA:LODI) Sees Significant Increase in Short Interest

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 4,424 shares, an increase of 171.7% from the December 31st total of 1,628 shares. Based on an average daily volume of 5,436 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 5,436 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC acquired a new stake in AAM SLC Low Duration Income ETF in the 1st quarter valued at about $394,000. Osaic Holdings Inc. raised its stake in AAM SLC Low Duration Income ETF by 220.1% in the 2nd 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 during the period. Baker Avenue Asset Management LP acquired a new position in shares of AAM SLC Low Duration Income ETF in the second quarter valued at $202,000. Finally, Grantvest Financial Group LLC boosted its holdings in shares of AAM SLC Low Duration Income ETF by 13.1% during the 3rd quarter. Grantvest Financial Group LLC now owns 26,825 shares of the company’s stock worth $677,000 after buying an additional 3,107 shares during the period.

AAM SLC Low Duration Income ETF Price Performance

LODI traded down $0.09 during trading hours on Friday, reaching $25.39. 3,461 shares of the stock traded hands, compared to its average volume of 7,053. AAM SLC Low Duration Income ETF has a fifty-two week low of $24.73 and a fifty-two week high of $26.57. The firm’s fifty day simple moving average is $25.31 and its two-hundred day simple moving average is $25.29.

About AAM SLC Low Duration Income ETF

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.