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 January. As of January 30th, there was short interest totaling 10,489 shares, a growth of 137.1% from the January 15th total of 4,424 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 8,776 shares, the short-interest ratio is currently 1.2 days. Based on an average daily volume of 8,776 shares, the short-interest ratio is currently 1.2 days. Currently, 0.4% of the company’s shares are sold short.

AAM SLC Low Duration Income ETF Trading Up 0.1%

Shares of LODI traded up $0.03 during trading hours on Friday, hitting $25.40. 1,238 shares of the stock were exchanged, compared to its average volume of 6,651. 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 business has a 50-day moving average of $25.33 and a 200-day moving average of $25.31.

Institutional Investors Weigh In On AAM SLC Low Duration Income ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Kestra Advisory Services LLC bought a new stake in AAM SLC Low Duration Income ETF in the fourth quarter worth approximately $122,000. LPL Financial LLC increased its stake in AAM SLC Low Duration Income ETF by 5.7% in 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 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 about $327,000. Grantvest Financial Group LLC boosted its position in shares of AAM SLC Low Duration Income ETF by 52.2% during the 4th 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. Finally, Osaic Holdings Inc. boosted its position in shares of AAM SLC Low Duration Income ETF by 220.1% during the 2nd 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.

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.