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

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) was the recipient of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 6,870 shares, a decline of 14.9% from the February 12th total of 8,076 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 7,699 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 7,699 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On AAM SLC Low Duration Income ETF

Several hedge funds have recently added to or reduced their stakes in LODI. Kestra Advisory Services LLC acquired a new position in shares of AAM SLC Low Duration Income ETF in the fourth quarter valued at $122,000. Baker Avenue Asset Management LP acquired a new stake in shares of AAM SLC Low Duration Income ETF during the 2nd quarter worth about $202,000. World Investment Advisors bought a new stake in shares of AAM SLC Low Duration Income ETF during the 4th quarter worth about $327,000. Jane Street Group LLC bought a new stake in shares of AAM SLC Low Duration Income ETF during the 1st quarter worth about $394,000. Finally, Osaic Holdings Inc. grew 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 buying an additional 14,109 shares during the last quarter.

AAM SLC Low Duration Income ETF Stock Down 0.1%

LODI opened at $25.25 on Monday. AAM SLC Low Duration Income ETF has a 12-month low of $24.73 and a 12-month high of $26.57. The business has a 50 day moving average of $25.36 and a 200-day moving average of $25.32.

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.