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

AAM SLC Low Duration Income ETF (NYSEARCA:LODI) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 25,563 shares, a growth of 101.1% from the May 31st total of 12,714 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily volume of 20,933 shares, the short-interest ratio is currently 1.2 days.

Hedge Funds Weigh In On AAM SLC Low Duration Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new stake in AAM SLC Low Duration Income ETF in the 1st quarter valued at approximately $394,000. Osaic Holdings Inc. grew its stake 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 worth $517,000 after purchasing an additional 14,109 shares in the last quarter. Grantvest Financial Group LLC grew its stake in shares of AAM SLC Low Duration Income ETF by 52.2% in the fourth quarter. Grantvest Financial Group LLC now owns 40,825 shares of the company’s stock worth $1,031,000 after purchasing an additional 14,000 shares in the last quarter. World Investment Advisors acquired a new position in shares of AAM SLC Low Duration Income ETF during the fourth quarter valued at $327,000. Finally, LPL Financial LLC increased its holdings in shares of AAM SLC Low Duration Income ETF by 5.7% during the fourth quarter. LPL Financial LLC now owns 297,253 shares of the company’s stock valued at $7,506,000 after purchasing an additional 15,923 shares during the period.

AAM SLC Low Duration Income ETF Stock Performance

NYSEARCA LODI remained flat at $25.18 on Wednesday. 187,513 shares of the company’s stock traded hands, compared to its average volume of 12,724. The firm’s 50 day simple moving average is $25.24 and its 200-day simple moving average is $25.29. AAM SLC Low Duration Income ETF has a 1 year low of $25.07 and a 1 year high of $26.57.

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.